Wells Fargo analyst Roger Read raised the firm’s price target on EQT Corporation (EQT) to $52 from $42 and keeps an Overweight rating on the shares. As leverage declines and merger synergies become more visible, the firm expects EQT to attract increased investor interest. The favorable gas demand growth outlook offers further support, Wells adds.
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Read More on EQT:
- EQT Corporation price target raised to $45 from $41 at Mizuho
- EQT Corporation price target raised to $34 from $32 at Piper Sandler
- EQT Corp’s Aging Infrastructure: A Looming Threat to Financial Stability and Operations
- EQT Corp Reports Q3 2024 Results and Strategic Moves
- Bank of America Pounds the Table on These 2 Natural Gas Stocks
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
