Mizuho analyst Nitin Kumar assumed coverage of EQT Corporation with a Buy rating with a price target of $64, up from $61. Despite a "muted" outlook for U.S. natural gas prices between 2023 and 2024, EQT should be able to deliver above-peer free cash flow in 2023 as "onerous" hedges roll-off, Kumar tells investors in a research note.
Published first on TheFly
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