[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

National Gas Prices Fall Again To Multi-Year Lows

The national average price of gasoline has continued on a downward trend after dropping below $3 a gallon a week ago,...

Can Google Stock Hit $400 in 2026?

After dealing with some headwinds earlier this year, stemming from intensifying artificial intelligence (AI) competition and regulatory hurdles, Alphabet (GOOG)...

Is That Why They Trust YouTube?

Prop Trader Trust Has to Be EarnedFXStreet recently revealed the results of a survey of prop traders in 10 markets across North and South...

Oil Futures Snap Three-Session Winning Streak

Oil Futures Snap Three-Session Winning Streak Source link

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img