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EQT Corporation price target raised to $77 from $76 at Jefferies

Jefferies analyst Lloyd Byrne raised the firm’s price target on EQT Corporation (EQT) to $77 from $76 and keeps a Buy rating on the shares following the Q1 report. The company highlighted strengthening gas demand driven by power generation, the analyst tells investors in a research note. Jefferies believes EQT is positioned as a key supplier of incremental growth.

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