EQT Corporation price target raised to $38 from $37 at Stephens

Stephens raised the firm’s price target on EQT Corporation (EQT) to $38 from $37 and keeps an Equal Weight rating on the shares after “a noisy quarter” that the firm views as “slightly positive.” The divestiture of EQT’s remaining 60% non-op NEPA interest for $1.25B in cash, along with a regulated midstream sale process, has management confident in achieving its $7.5B debt goal by year-end 2025, the analyst noted.