Stephens analyst Mike Scialla lowered the firm’s price target on EQT Corporation (EQT) to $68 from $69 and keeps an Overweight rating on the shares. The firm’s Q4 cash flow per share and production estimates are 5% and 1% below consensus, respectively, notes the analyst, who looks for the stock to maintain its premium valuation to its natural gas peer group given the company’s integrated assets and low-cost structure.
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