Jefferies raised the firm’s price target on EQT Corporation (EQT) to $76 from $71 and keeps a Buy rating on the shares after meeting with management. The company’s platform positions it to generate “durable” free cash flow due to its cost leadership, inventory depth, midstream integration, and contracted growth, the analyst tells investors in a research note. The firm says it talk with management showed EQT’s platform value.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQT:
- Hershey, Monster, EQT, EPR, Applied Opto: Insider Shock
- EQT Corporation participates in a conference call with Jefferies
- EQT Corporation call volume above normal and directionally bullish
- EQT Corporation price target raised to $72 from $68 at Mizuho
- EQT Corporation price target raised to $72 from $68 at JPMorgan
