Piper Sandler lowered the firm’s price target on EQT Corporation to $51 from $58 and keeps an Overweight rating on the shares after updating the firm’s E&P estimates post-Q4 results and FY23 outlooks as well as revisiting the firm’s commodity price forecasts. Generally, sentiment for the group has "taken a turn for the better," with broadly less capital efficient guidance out of the way, the analyst tells investors.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on EQT:
- 3 Stocks to Buy Today, 3/8/2023, According to Top Analysts
- EQT Corporation management to meet with Wolfe
- Early notable gainers among liquid option names on February 22nd
- EQT Corporation call volume above normal and directionally bullish
- Early notable gainers among liquid option names on February 16th