Mizuho raised the firm’s price target on Expand Energy (EXE) to $142 from $141 and keeps an Outperform rating on the shares. Despite volume momentum remaining strong, the firm forecasts a roughly 3% miss on Q2 EBITDAX and cash flow per share from Expand compared to Street estimates, driven by softer pricing than consensus, the analyst tells investors in a preview.
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Read More on EXE:
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