tiprankstipranks
Expand Energy upgraded to Buy from Neutral at UBS
The Fly

Expand Energy upgraded to Buy from Neutral at UBS

UBS analyst Josh Silverstein upgraded Expand Energy (EXE) to Buy from Neutral with a $123 price target The firm, which identifies Expand as its “Top Gas Pick,” says the stock offers the most leverage to rising gas prices as the company can tap larger productive capacity than peers in the event of rising prices. The firm also sees capital returns ramping materially following near-term debt reduction, the analyst added.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App