There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on New Fortress Energy (NFE – Research Report) and Exxon Mobil (XOM – Research Report) with bullish sentiments.
New Fortress Energy (NFE)
In a report issued on October 5, Gregory Lewis from BTIG reiterated a Buy rating on New Fortress Energy, with a price target of $48.00. The company’s shares closed last Friday at $30.04, close to its 52-week low of $25.06.
According to TipRanks.com, Lewis is a 1-star analyst with an average return of
New Fortress Energy has an analyst consensus of Moderate Buy, with a price target consensus of $39.86, representing a 36.5% upside. In a report issued on September 29, Stifel Nicolaus also maintained a Buy rating on the stock with a $40.00 price target.
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Exxon Mobil (XOM)
In a report issued on October 5, Nitin Kumar CFA from Mizuho Securities maintained a Buy rating on Exxon Mobil, with a price target of $139.00. The company’s shares closed last Friday at $107.17.
According to TipRanks.com, CFA is a top 100 analyst with an average return of
Currently, the analyst consensus on Exxon Mobil is a Moderate Buy with an average price target of $126.20, implying a 19.4% upside from current levels. In a report issued on September 21, Bank of America Securities also maintained a Buy rating on the stock with a $145.00 price target.
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Read More on NFE:
- New Fortress places second government sponsored power plant in Puerto Rico
- New Fortress Energy price target lowered to $40 from $44 at Stifel
- 3 Best Stocks to Buy Now, 9/19/2023, According to Top Analysts
- New Fortress Energy price target lowered to $43 from $48 at Citi
- New Fortress Energy reaffirms FY24 adjusted EBITDA view $2.4B
