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Stock impact report

Analysts Raise Price Targets on Expand Energy (EXE), Keep ‘Buy' Rating [Yahoo! Finance]

Expand Energy Corporation (EXE) 
Company Research Source: Yahoo! Finance
Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the United States. Expand Energy Corporation (NASDAQ:EXE) focuses on natural gas and has benefited significantly from recent high demand for the fuel, driven by record US LNG exports and high power demand from data centers. The stock also reached its all-time high last month when US natural gas futures hit a near three-year high of around $5.29 MMBtu. It comes as no surprise that the stock has received positive analyst attention. On December 19, Citi raised its price target on Expand Energy Corporation (NASDAQ:EXE) from $118 to $125, while maintaining a ‘Buy' rating on the shares. The revised target implies an upside of approximately 17% to the current share price. Earlier on December 12, UBS also significantly raised its price target on Expand Energy Corporation (NASDAQ:EXE) from $132 Show less Read more
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