Wells Fargo raised the firm’s price target on Expand Energy (EXE) to $100 from $83 and keeps an Equal Weight rating on the shares. The firm notes Expand Energy presented a preliminary 2025 outlook that exceeded expectations in capital efficiency, while demonstrating swift progress in capturing merger synergies. Valuation keeps Wells on the sidelines for now.
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Read More on EXE:
- Expand Energy Announces Senior Notes Offering
- Expand Energy price target raised to $116 from $102 at RBC Capital
- Expand Energy Updates Tender Offer Expiration Date
- Expand Energy amends expiration date for tender offer
- Expand Energy files automatic mixed securities shelf
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
