Barclays Maintains Overweight on Excelerate Energy, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Marc Solecitto has maintained an Overweight rating on Excelerate Energy (NYSE:EE) and raised the price target from $22 to $26.
October 21, 2024 | 1:12 pm
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POSITIVE IMPACT
Barclays has increased its price target for Excelerate Energy from $22 to $26, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $22 to $26 by Barclays, along with the maintained Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100