RBC Capital raised the firm’s price target on EQT Corporation (EQT) to $60 from $55 and keeps a Sector Perform rating on the shares. The firm is revising its model to reflect its revisions on commodity prices, with RBC’s WTI outlook having decreased to $62.25/barrel in 2025 from $64.19 and $52.50/barrel in 2026 from $57.12, the analyst tells investors in a research note. RBC’s Henry Hub outlook decreased to $3.84/Mcf in 2025 from $4.12 Mcf but increases to $4.00/Mcf in 2026 from $3.87/Mcf, which reflect expectations for improving balances due to increasing LNG exports and more moderate associated gas growth.
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