tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Expand Energy price target lowered to $125 from $130 at Roth Capital

Roth Capital lowered the firm’s price target on Expand Energy (EXE) to $125 from $130 and keeps a Buy rating on the shares following the Q2 report. The firm cites weaker gas prices target for the target cut. Expand’s Q3 production guidance is 0.5% below consensus and its capex outlook is 2.4% above, the analyst tells investors in a research note. Roth believes the company’s capital returns are likely to remain strong.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1