Analysts Offer Insights on Energy Companies: CNX Resources (CNX) and Expand Energy (EXE)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on CNX Resources (CNX – Research Report) and Expand Energy (EXE – Research Report).
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CNX Resources (CNX)
Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on CNX Resources today and set a price target of $32.00. The company’s shares closed last Wednesday at $31.77.
According to TipRanks.com, Sorbara is a 5-star analyst with an average return of
Currently, the analyst consensus on CNX Resources is a Moderate Sell with an average price target of $31.44, which is a -1.1% downside from current levels. In a report issued on October 15, Barclays also maintained a Hold rating on the stock with a $32.00 price target.
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Expand Energy (EXE)
In a report released today, Devin McDermott from Morgan Stanley maintained a Buy rating on Expand Energy, with a price target of $136.00. The company’s shares closed last Wednesday at $100.41.
According to TipRanks.com, McDermott is a 5-star analyst with an average return of
Expand Energy has an analyst consensus of Strong Buy, with a price target consensus of $131.42, implying a 27.1% upside from current levels. In a report issued on October 21, TR | OpenAI – 4o also upgraded the stock to Buy with a $118.00 price target.
Read More on CNX:
Disclaimer & DisclosureReport an Issue
- Cnx Resources (CNX) Q3 Earnings Cheat Sheet
- CNX Resources price target lowered to $31 from $32 at Morgan Stanley
- CNX Resources price target raised to $35 from $34 at Mizuho
- CNX Resources: Hold Rating Amid Disciplined Capital Approach and Emerging Revenue Streams
- CNX Resources price target raised to $36 from $35 at Scotiabank
