Rei stock price forecast moving averages convergence suggests a

Moving averages convergence suggests a shift in trend, possibly lifting the "REI stock price forecast" into bullish territory in Q There are a lot of good reasons for investors to feel bullish on RIG. The company projects significant growth in its operations in Brazil. The driller plans to increase its rig count to 36 by the end of 2025 with stable demand in the Gulf of Mexico. Additionally, it expects to initiate 13 new drilling programs over the next 18 months. Laughton makes no apologies for picking top executives from outside REI. “I do need retail experts to help me to lead the future of this brand,” she says, noting that like her, these executives have an “authentic passion” for the outdoors. The CEO cites hiking and kayaking among her most beloved outdoor activities. She also noted that REI has a combination of long-time executives and the newer executives from retail’s giants. The energy ETF inflows signal sector strength, supporting analyst upgrades to the "REI stock price forecast" for the next 6 months.