Wells Fargo Reaffirms Buy Rating on ONE Gas with $74.79 Price Target

Wells Fargo analyst Sarah Akers reaffirms Buy rating on ONE Gas (OGS) with a price target of $74.79. Akers has a 4-star rating with an average return of 8.8% and a 67.50% success rate. ONE Gas has a Moderate Buy consensus with a price target of $78.86. Insider sentiment is negative with 12 insiders selling shares in the past quarter.

EOS (EOS) has seen a significant price rebound, climbing from a short-term support level of $0.75 to trade around $0.85 on Friday, May 16, 2025. This upward movement is driven by improved sentiment following a notable purchase by President Donald Trump's World Liberty Financial. The purchase, totaling $3 million worth of EOS at an average price of $0.82, has bolstered the token's bullish sentiment [1].

Technical indicators suggest further upside potential for EOS. The Relative Strength Index (RSI) indicator has reversed direction, moving from support slightly above the midline of 50 to 58.65, reflecting a strengthening uptrend. Additionally, EOS is trading above key moving averages, including the 50-day Exponential Moving Average (EMA) at around $0.72, the 100-day EMA at $0.69, and the 200-day EMA at $0.68 [1].

However, the Money Flow Index (MFI) indicator has dropped to 60, indicating that bullish momentum could be easing, which may increase the risk of a price reversal. Traders should monitor key resistance levels at $0.90 and $1.00, and support areas around the 50-day EMA at $0.72, the 100-day EMA at $0.69, and the 200-day EMA at $0.68 [1].

Beyond the technical aspects, EOS is undergoing a rebranding to Vaulta, aiming to become a web3 banking platform. The transition includes a token swap from EOS to A, scheduled to begin on May 26, 2025, with support from major exchanges such as Binance, MEXC, KuCoin, and HTX Global [1].

In summary, EOS's price rebound is driven by positive sentiment stemming from World Liberty Financial's purchase and technical indicators suggesting further upside potential. However, traders should remain cautious due to potential easing bullish momentum and the upcoming token swap.

References:
[1] https://www.fxstreet.com/cryptocurrencies/news/eos-price-climbs-as-sentiment-improves-following-3-million-purchase-by-president-trumps-world-liberty-financial-202505161046