Siebert Williams Shank Maintains Buy Rating, $132 PT on Expand Energy (EXE)

Expand Energy Corporation (NASDAQ:EXE) is one of the most undervalued large cap stocks to buy right now. On October 29, Siebert Williams Shank & Co. maintained a Buy rating on Expand Energy, with a price target of $132.00.

Earlier on October 17, Wells Fargo analyst Sam Margolin took over coverage of Natural Gas E&P stocks, including Expand Energy, with an Equal Weight rating and $120 price target. The analyst projects that the US gas markets are likely to experience a structural change over the next decade, which is expected to lift the price floor. The growing demand in the US gas market comes from increased LNG exports and the power draw from new data centers.

Additionally, on October 15, William Blair analyst Neal Dingmann initiated coverage of Expand Energy with an Outperform rating but no price target. This sentiment came out as the firm believes that the company possesses the necessary portfolio, capital, and finances to address the increasing demand for LNG, data center power, and other natural gas uses.

Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the US. The company acquires, explores, and develops properties to produce oil, natural gas, and natural gas liquids.

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Disclosure: None. This article is originally published at Insider Monkey.