Capital One Initiates Coverage On Excelerate Energy with Overweight Rating, Announces Price Target of $24
Portfolio Pulse from Benzinga Newsdesk
Capital One analyst Wade Suki has initiated coverage on Excelerate Energy (NYSE:EE) with an Overweight rating and set a price target of $24.

November 17, 2023 | 6:44 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Capital One analyst Wade Suki initiated coverage on Excelerate Energy with an Overweight rating and a price target of $24.
The initiation of coverage by Capital One with an Overweight rating typically indicates a positive outlook on the stock, suggesting that the analyst believes it will perform better than the market or its sector. The announcement of a price target of $24, which is presumably higher than the current trading price, implies an expectation of stock price appreciation. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100