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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Tue Feb 3, 8:16AM 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 Exxon Mobil (XOMResearch Report) with bullish sentiments.

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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 Friday at $112.41.

According to TipRanks.com, McDermott is a 5-star analyst with an average return of 9.5% and a 57.1% success rate. McDermott covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Occidental Petroleum, and Northern Oil And Gas. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Expand Energy with a $134.71 average price target, a 21.6% upside from current levels. In a report issued on January 19, TipRanks – OpenAI also upgraded the stock to Buy with a $110.00 price target.

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Exxon Mobil (XOM)

In a report issued on January 30, Suvro Sarkar from DBS maintained a Buy rating on Exxon Mobil, with a price target of $145.00. The company’s shares closed last Friday at $141.40.

According to TipRanks.com, Sarkar is a 4-star analyst with an average return of 7.1% and a 64.4% success rate. Sarkar covers the NA sector, focusing on stocks such as Occidental Petroleum, Marathon Petroleum, and EOG Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exxon Mobil with a $137.22 average price target, which is a -1.1% downside from current levels. In a report issued on January 29, TipRanks – xAI also upgraded the stock to Buy with a $154.00 price target.

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