Piper Sandler raised the firm’s price target on Expand Energy (EXE) to $139 from $136 and keeps an Overweight rating on the shares. The firm cites better SWPA productivity. Expand Energy is Piper’s top gas idea after its recent upgrade, as the firm still sees the company as best positioned to take advantage of improving demand driven by increasing LNG export capacity in the Gulf Coast, as well as long-term power demand trends.
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