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Fly News Breaks for November 30, 2016
AM
Nov 30, 2016 | 06:46 EDT
Ladenburg analyst Michael Schmitz initiated Antero Midstream (AM) with a Buy and a $35 price target. Schmitz said Antero is well-positioned to continue to deliver solid distribution growth over the next several years given that Antero Resources (AR) primarily relies on Antero Midstream for additional midstream capacity required to support production growth from its substantial drilling inventory.