Stephens raised the firm’s price target on Expand Energy (EXE) to $121 from $118 and keeps an Overweight rating on the shares. Q1 “beat across the board” and the firm views the release as positive, the analyst tells investors. Expand delivered a strong quarter and remains on track to buy back shares in Q2 and build productive capacity by 300 MMcfepd in 2026, the analyst added.
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Read More on EXE:
- Hold Rating on Expand Energy: Balancing Strong Performance with Valuation Concerns
- Expand Energy: Strong Operational Performance and Financial Discipline Drive Buy Rating
- Expand Energy Joins S&P 500 and Upgraded by Moody’s
- Expand Energy reports Q1 adjusted EPS $2.02, consensus $1.86
- Expand Energy sees $500M in annual synergies by year end 2026
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