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EQT Corporation price target lowered to $45 from $49 at Piper Sandler

Piper Sandler lowered the firm’s price target on EQT Corporation to $45 from $49 and keeps an Overweight rating on the shares following Q4 results and FY24 guidance. The firm also updated FY24 EPS/EBITDAX to reflect its updated FY24 production outlook and higher cost guidance with the startup of MVP in April.

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