Barclays raised the firm’s price target on EQT Corporation (EQT) to $68 from $65 and keeps an Overweight rating on the shares following the Q2 beat. The firm sees $250M in free cash flow from the company’s power supply deal and midstream strategic growth projects by 2029.
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Read More on EQT:
- EQT’s Operational Efficiency and Strategic Growth Initiatives Justify Buy Rating
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- EQT Corporation cuts FY per-unit operating cost guidance by 6c per Mcfe
- EQT Corporation call volume above normal and directionally bullish
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