Stephens analyst Mike Scialla lowered the firm’s price target on Expand Energy (EXE) to $118 from $123 and keeps an Overweight rating on the shares. The firm notes in its Q1 preview that its cash flow per share and adjusted EBITDA estimates are 1% and 2% above consensus, respectively.
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Read More on EXE:
- Expand Energy upgraded to Overweight from Equal Weight at Barclays
- Expand Energy price target lowered to $120 from $130 at Scotiabank
- Expand Energy upgraded to Buy from Hold at TD Cowen
- Expand Energy Positioned for Growth Amid Improved Natural Gas Market Outlook
- Expand Energy price target raised to $112 from $93 at Benchmark