Expand Energy Corporation (NASDAQ:EXE) is one of the best up and coming stocks to buy right now. On October 20, Kalei Akamine from Bank of America Securities reiterated a Buy rating on Expand Energy, with a price target of $136.00.
Earlier on October 17, Wells Fargo analyst Sam Margolin took over coverage of Natural Gas E&P stocks, which also included Expand Energy with an Equal Weight rating and $120 price target. Margolin projects a structural change in US gas markets over the next decade that should raise the price floor and reduce risk due to the demand from LNG exports and the power consumption of data centers.
William Blair analyst Neal Dingmann initiated coverage of the company on October 14, with an Outperform rating and no price target for similar reasons — Expand Energy has the capacity to address the incremental demand for LNG and data center power.
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.
While we acknowledge the potential of EXE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.