Jefferies analyst Lloyd Byrne keeps a Buy rating on Expand Energy (EXE) with a $135 price target after meeting with management. The company highlighted a continued bullish stance for the natural gas macro environment on expected growth in liquified natural gas and power demand with its transportation portfolio well positioned, the analyst tells investors in a research note. The firm says Expand is “uniquely positioned” to capitalize on LNG and power demand ad is poised for higher shareholder returns.
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