Melius Research initiated coverage of EQT Corporation (EQT) with a Buy rating and $64 price target The introduction, adoption and acceleration of AI has transformed “Energy & Power” into an AI category and the market is in the early stages of a “Power revolution” that is only in the early innings of shifting leadership toward a whole new group of winners, the analyst tells investors while establishing coverage on several of the Supermajors, many prominent E&Ps, the largest oil service companies and the largest independent power producers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQT:
- Downgrade Alert! Analysts Have Recently Downgraded These Stocks
- EQT Corporation downgraded to Neutral from Buy at Roth Capital
- Ray Dalio’s Bridgewater Bets Big on ARM, Loses Faith in Chinese Stocks amid Trade Concerns
- Lone Pine buys UnitedHealth, EQT Corp
- Third Point boosts position in Nvidia, takes new stakes in Mr Cooper, Meta