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Athlon Energy (NASDAQ:ATHL) was upgraded by analysts at Miller Tabak from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports.

Several other analysts have also recently commented on the stock. Analysts at Topeka Capital Markets raised their price target on shares of Athlon Energy from $48.00 to $55.00 in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Athlon Energy from $43.00 to $48.00 in a research note on Monday. They now have an “outperform” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of Athlon Energy from $36.00 to $42.00 in a research note on Thursday, April 10th. They now have a “neutral” rating on the stock. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $41.39.

Shares of Athlon Energy (NASDAQ:ATHL) traded up 0.62% on Thursday, hitting $42.30. The stock had a trading volume of 291,908 shares. Athlon Energy has a 52-week low of $25.25 and a 52-week high of $42.89. The stock’s 50-day moving average is $36.94 and its 200-day moving average is $32.93. The company has a market cap of $3.474 billion and a P/E ratio of 52.55.

Athlon Energy (NASDAQ:ATHL) last released its earnings data on Tuesday, February 25th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.01. Analysts expect that Athlon Energy will post $1.44 EPS for the current fiscal year.

Athlon Energy Inc, is an independent exploration and production company. The Company is a holding company and its sole assets are controlling equity interests in Athlon Holdings LP and its subsidiaries.

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