TD Cowen upgraded Expand Energy (EXE) to Buy from Hold with a price target of $116, up from $108. The firm upgraded several gassy names citing an improved risk/reward skew for the gas macro environment after the recent tariff announcements. TD anticipates associated rig drops leading to below-average storage in 2026, driving higher natural gas prices.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXE:
- Expand Energy Positioned for Growth Amid Improved Natural Gas Market Outlook
- Expand Energy price target raised to $112 from $93 at Benchmark
- Expand Energy: Strong Financial Outlook and Strategic Initiatives Drive Buy Rating
- Expand Energy price target raised to $136 from $132 at Mizuho
- Expand Energy price target raised to $154 from $137 at Morgan Stanley