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Analysts Are Bullish on Top Energy Stocks: Expand Energy (EXE), Energy Transfer (ET)

Tipranks - Thu Feb 19, 5:57AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Expand Energy (EXEResearch Report) and Energy Transfer (ETResearch Report) with bullish sentiments.

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Expand Energy (EXE)

In a report released yesterday, Kalei Akamine from Bank of America Securities maintained a Buy rating on Expand Energy, with a price target of $125.00. The company’s shares closed last Tuesday at $102.75.

According to TipRanks.com, Akamine is a 4-star analyst with an average return of 5.9% and a 60.9% success rate. Akamine covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, National Fuel Gas Company, and California Resources Corp. ;'>

Expand Energy has an analyst consensus of Strong Buy, with a price target consensus of $133.28, representing a 28.7% upside. In a report issued on February 2, Morgan Stanley also maintained a Buy rating on the stock with a $136.00 price target.

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Energy Transfer (ET)

In a report released today, Jason Gabelman from TD Cowen maintained a Buy rating on Energy Transfer, with a price target of $21.00. The company’s shares closed last Tuesday at $18.61.

According to TipRanks.com, Gabelman is a 4-star analyst with an average return of 9.7% and a 61.8% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Marathon Petroleum. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Energy Transfer with a $20.95 average price target, which is a 12.0% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $22.00 price target.

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