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Bernstein Sticks to Its Buy Rating for Expand Energy (EXE)

Tipranks - Tipranks - Sat Feb 14, 8:50AM CST

In a report released today, Bob Brackett from Bernstein maintained a Buy rating on Expand Energy, with a price target of $144.00.

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Brackett covers the Energy sector, focusing on stocks such as Devon Energy, Expand Energy, and EQT. According to TipRanks, Brackett has an average return of 20.5% and a 62.25% success rate on recommended stocks.

In addition to Bernstein, Expand Energy also received a Buy from Morgan Stanley’s Devin McDermott in a report issued on February 2. However, on February 9, Roth MKM maintained a Hold rating on Expand Energy (NASDAQ: EXE).

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Based on Expand Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.97 billion and a net profit of $547 million. In comparison, last year the company earned a revenue of $646 million and had a GAAP net loss of $114 million

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