Excelerate Energy price target raised to $45 from $37 at Northland

Northland raised the firm’s price target on Excelerate Energy (EE) to $45 from $37 and keeps an Outperform rating on the shares. The firm’s raised target is based on higher 2026 estimates after updating its forecasts to reflect the recent closing of the Jamaican downstream LNG and power infrastructure assets acquired from New Fortress Energy (NFE), the analyst noted.