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Expand Energy price target lowered to $131 from $133 at Truist

Expand Energy price target lowered to $131 from $133 at Truist

Truist analyst Neal Dingmann lowered the firm’s price target on Expand Energy (EXE) to $131 from $133 and keeps a Buy rating on the shares as part of a broader research note reviewing Q4 results in Energy. The firm is adjusting its model to reflect the company’s performance and guidance, noting however that the company has laid out specific plans for substantial growth into the strong gas strip, the analyst tells investors in a research note.

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