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EQT Corporation price target raised to $76 from $71 at Jefferies

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.

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