Expand Energy (EXE) Price Target Trimmed by $6 Amid Q1 Preview

Expand Energy Corporation (NASDAQ:EXE) is included among the 12 Most Undervalued Natural Gas Stocks to Buy Now.

Expand Energy (EXE) Price Target Trimmed by $6 Amid Q1 Preview

Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the United States.

On April 13, UBS lowered its price target on Expand Energy Corporation (NASDAQ:EXE) from $139 to $133, but maintained its ‘Buy’ rating on the shares. The reduced target, which still indicates an upside of over 38% from the current price levels, comes as the analyst firm updated the company’s model as part of a Q1 preview. According to UBS, EXE’s stock weakness has driven a faster buyback.

Similarly, earlier on April 7, BMO Capital analyst Phillip Jungwirth also trimmed the firm’s price target on Expand Energy Corporation (NASDAQ:EXE) from $125 to $120, while keeping an ‘Outperform’ rating on the shares.

With an upside potential of over 38% as of the writing of this piece, Expand Energy Corporation (NASDAQ:EXE) is included among the 15 Best American Energy Stocks to Buy According to Wall Street Analysts.

While we acknowledge the risk and potential of EXE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EXE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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