Mizuho raised the firm’s price target on EQT Corporation to $45 from $43 and keeps a Neutral rating on the shares. The firm updated its commodity price outlook through 2026 following the Q1 earnings season, while increasing net asset value-based price targets by 7%. It sees strength in global oil prices near-term, given higher non-OECD demand and more modest supply gains but maintains a long term $75 per barrel midcycle Brent outlook.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQT:
- EQT Corporation price target raised to $54 from $52 at Scotiabank
- EQT Corporation price target raised to $46 from $41 at Piper Sandler
- EQT Corporation price target raised to $43 from $40 at Mizuho
- EQT Corp’s Operational and Growth Risks Amid Equitrans Midstream Merger Turbulence
- EQT Corporation sees FY24 CapEx $2.150B-$2.350B
Questions or Comments about the article? Write to editor@tipranks.com