Wells Fargo raised the firm’s price target on Excelerate Energy (EE) to $29 from $26 and keeps an Equal Weight rating on the shares. The firm is updating its model for Excelerate Energy’s recently announced project in Iraq and additional assumed growth capex given recent project wins.
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Read More on EE:
- Excelerate Energy’s Earnings Call Highlights Growth and Resilience
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- Morgan Stanley raises Excelerate Energy to Equal Weight on consistent execution
- Excelerate Energy upgraded to Equal Weight from Underweight at Morgan Stanley
- Excelerate Energy reports Q3 adjusted EPS 45c, consensus 35c
