Expand Energy (EXE) Gets a Buy from Siebert Williams Shank & Co
In a report released on March 6, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Expand Energy, with a price target of $143.00.
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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Ovintiv. According to TipRanks, Sorbara has an average return of 17.0% and a 66.80% success rate on recommended stocks.
In addition to Siebert Williams Shank & Co, Expand Energy also received a Buy from Piper Sandler’s Mark Lear in a report issued on March 5. However, today, Roth MKM maintained a Hold rating on Expand Energy (NASDAQ: EXE).
Based on Expand Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.05 billion and a net profit of $553 million. In comparison, last year the company earned a revenue of $2 billion and had a GAAP net loss of $399 million
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EXE in relation to earlier this year. Last month, Matthew Gallagher, a Director at EXE bought 1,000.00 shares for a total of $100,660.00.
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- Expand Energy price target raised to $124 from $112 at Benchmark
- Expand Energy price target lowered to $136 from $137 at Piper Sandler
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- Expand Energy price target lowered to $135 from $150 at UBS
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