There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on EQT (EQT – Research Report) and Viper Energy (VNOM – Research Report) with bullish sentiments.
EQT (EQT)
RBC Capital analyst Scott Hanold maintained a Buy rating on EQT on April 28 and set a price target of $52.00. The company’s shares closed last Friday at $39.75.
According to TipRanks.com, Hanold is a top 100 analyst with an average return of
EQT has an analyst consensus of Strong Buy, with a price target consensus of $51.43, representing a 25.9% upside. In a report issued on April 21, Piper Sandler also maintained a Buy rating on the stock with a $58.00 price target.
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Viper Energy (VNOM)
RBC Capital analyst T J Schultz maintained a Buy rating on Viper Energy on April 28 and set a price target of $42.00. The company’s shares closed last Friday at $28.73.
According to TipRanks.com, Schultz is a top 25 analyst with an average return of
Viper Energy has an analyst consensus of Strong Buy, with a price target consensus of $37.33, representing a 28.1% upside. In a report issued on April 22, Stifel Nicolaus also maintained a Buy rating on the stock with a $35.00 price target.
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