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Analysts Offer Insights on Utilities Companies: EQT (EQT) and PBF Energy (PBF)

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on EQT (EQTResearch Report) and PBF Energy (PBFResearch Report) with bullish sentiments.

EQT (EQT)

In a report issued on February 9, Vincent Lovaglio from Mizuho Securities maintained a Buy rating on EQT, with a price target of $35.00. The company’s shares closed last Friday at $22.93.

According to TipRanks.com, Lovaglio is a top 100 analyst with an average return of 37.5% and a 90.2% success rate. Lovaglio covers the Utilities sector, focusing on stocks such as Continental Resources, Occidental Petroleum, and Southwestern Energy.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for EQT with a $31.13 average price target, implying a 43.3% upside from current levels. In a report issued on February 11, Truist Financial also maintained a Buy rating on the stock with a $35.00 price target.

See today’s best-performing stocks on TipRanks >>

PBF Energy (PBF)

Mizuho Securities analyst Silvio Micheloto maintained a Buy rating on PBF Energy on February 10 and set a price target of $20.00. The company’s shares closed last Friday at $19.36, close to its 52-week high of $20.15.

According to TipRanks.com, Micheloto is a 5-star analyst with an average return of 46.1% and a 96.7% success rate. Micheloto covers the Utilities sector, focusing on stocks such as Marathon Petroleum, Delek US Holdings, and Conocophillips.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for PBF Energy with a $17.45 average price target.

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