Expand Energy price target raised to $150 from $140 at Scotiabank

Scotiabank raised the firm’s price target on Expand Energy (EXE) to $150 from $140 and keeps an Outperform rating on the shares. The firm is updating its price targets for North American Natural Gas stocks under its coverage, the analyst tells investors. Despite the summer sell-off, the firm remains “enthusiastic” about the sector’s outlook and believes the bull market is here.