[ccpw id="5"]

Home.forex news reportTamboran Resources (TBN) Initiated by Analyst with a $35 Price Target

Tamboran Resources (TBN) Initiated by Analyst with a $35 Price Target

-


The share price of Tamboran Resources Corporation (NYSE:TBN) surged by 9.96% between November 28 and December 5, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Tamboran Resources (TBN) Initiated by Analyst with a $35 Price Target
Tamboran Resources (TBN) Initiated by Analyst with a $35 Price Target

Tamboran Resources Corporation (NYSE:TBN) is a natural gas company focused on developing unconventional gas resources in the Northern Territory of Australia.

Tamboran Resources Corporation (NYSE:TBN) received a lift on December 2 when Wells Fargo initiated coverage of the stock with an ‘Overweight’ rating and a price target of $35, representing a robust upside potential of almost 34% as of the writing of this article.

According to the analyst, the outlook is driven by the build-up of Tamboran’s three-phase development plan, which focuses first on meeting local Northern Territory energy security, then on meeting shortfalls on Australia’s East Coast gas market, and lastly, on supporting the energy transition with trading partners in the Asia Pacific through the export of liquified natural gas (LNG).

The analyst also highlighted the strength of Tamboran Resources Corporation (NYSE:TBN) as an international shale gas E&P active in the undeveloped Beetaloo Basin in Australia, where it controls 2.9 million net acres.

While we acknowledge the potential of TBN 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.

READ NEXT: 10 Best Renewable Energy Dividend Stocks to Buy Now and 14 Best Utility Dividend Stocks to Buy Now.

Disclosure: None.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Do You Believe in the Long-Term Growth Potential of Align Technology (ALGN)?

Ruane, Cunniff LP, an investment adviser managing Sequoia Strategy, released its Q4 2025 investor letter. A copy of the letter can...

Chart Art: GBP/JPY’s Potential Breakout Below 210.00

GBP/JPY looks ready to slip below an established consolidation! Will we finally see a breakout, or are buyers lining up to defend support one more...

What to know about student loan repayment plans and collections

NEW YORK (AP) — It's been a confusing time for people with student loans. Collections restarted, then were put on hold....

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img