Mizuho analyst Nitin Kumar raised the firm’s price target on EQT Corporation (EQT) to $48 from $45 and keeps a Neutral rating on the shares after the company announced monetization of a portion of its midstream assets for $3.5B in a joint venture deal with Blackstone. The firm sees the near-term accretion to EQT’s balance sheet as a positive.
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Read More on EQT:
- EQT Corporation price target raised to $41 from $32 at Truist
- EQT Corporation price target raised to $56 from $45 at Morgan Stanley
- EQT Forms $3.5B Joint Venture with Blackstone
- EQT Corporation announces $3.5B joint venture with BXCI
- EQT Corporation price target raised to $52 from $42 at Wells Fargo