KeyBanc downgraded Expand Energy (EXE) to Sector Weight from Overweight without a price target The firm cites “disappointment and confusion” amid the company’s management changes for the downgrade. clients. Expand’s messaging “has been murky,” and KeyBanc does not see the company pushing to improve realizations as transformational, the analyst tells investors in a research note.
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Read More on EXE:
- Expand Energy downgraded to Sector Weight from Overweight at KeyBanc
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