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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXE:
- Target downgraded, Zoom upgraded: Wall Street’s top analyst calls
- Expand Energy initiated with an Outperform at Bernstein
- Coterra, Expand Energy could benefit from NY wind deal, says Citi
- Appaloosa buys Deutsche Bank, exits FedEx in Q1
- Expand Energy upgraded to Overweight from Neutral at Piper Sandler
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue