Morgan Stanley Keeps Their Buy Rating on Expand Energy (EXE)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Devin McDermott maintained a Buy rating on Expand Energy (EXE) with a $131 price target. McDermott, a 5-star analyst in the energy sector, joins Truist Financial's Gabriel Daoud in issuing a Buy rating today. This contrasts with Barclays, which previously maintained a Hold rating on the stock.
In a report released today, Devin McDermott from Morgan Stanley maintained a Buy rating on Expand Energy, with a price target of $131.00.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, McDermott is a 5-star analyst with an average return of 9.6% and a 57.75% success rate. McDermott covers the Energy sector, focusing on stocks such as Devon Energy, Comstock Resources, and Matador Resources.
In addition to Morgan Stanley, Expand Energy also received a Buy from Truist Financial’s Gabriel Daoud in a report issued today. However, on July 28, Barclays maintained a Hold rating on Expand Energy (NASDAQ: EXE).