EQT Corporation price target lowered to $68 from $70 at Jefferies

Jefferies lowered the firm’s price target on EQT Corporation (EQT) to $68 from $70 and keeps a Buy rating on the shares. The firm expects continued operational execution from EQT in Q3 and forecasts EBITDA of roughly $1.05B on volumes of 619 billions of cubic feet equivalent and capital expenditures of about $675M. Investors should expect the focus to be on company strategy, Olympus integration, 2026 expectations, and debt target timeline at current strip, the analyst tells investors in a research note.