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Fly News Breaks for August 14, 2017
AM, AMGP
Aug 14, 2017 | 07:21 EDT
As noted earlier, Stifel upgraded Antero Midstream GP (AMGP) to Buy from Hold. Analyst Brian Brungardt, Jr. upgraded the stock based on valuation and his belief that the company will "benefit from the growth of Appalachia production and associated infrastructure." He calls the stock "effectively a levered play on underlying growth at Antero Midstream (AM)." Target on Antero Midstream GP maintained at $23.
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