Stephens lowered the firm’s price target on Expand Energy (EXE) to $140 from $143 and keeps an Overweight rating on the shares. The firm, which anticipates an in-line Q4 for Expand, notes that its Q4 cash flow pewr share and adjusted EBITDA estimates are 2% below and in-line with consensus, respectively.
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Read More on EXE:
- Expand Energy price target lowered to $125 from $143 at BofA
- Expand Energy price target lowered to $150 from $154 at UBS
- Expand Energy price target raised to $143 from $140 at Jefferies
- Expand Energy: Strong Free Cash Flow, Top-Tier Dry Gas Assets, and Capital Discipline Support Buy Rating
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