Northland analyst Bobby Brooks raised the firm’s price target on Excelerate Energy (EE) to $29 from $25 and keeps an Outperform rating on the shares. Excelerate “continues to give investors what they want, and the rise in its shares over the past four quarterly reports reflects that,” argues the analyst, who continues to view the stock as “the way to bet on the growth of the LNG market, not the price.”
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Read More on EE:
- Excelerate Energy Reports Strong Q3 2024 and Raises Guidance
- Excelerate Energy reports Q3 EPS 35c, consensus 31c
- Excelerate Energy sees FY24 adjusted EBITDTA $335M-$345M
- Excelerate Energy raises quarterly dividend 140% to 6c per share
- Excelerate Energy price target raised to $26 from $22 at Barclays
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
