Wells Fargo raised the firm’s price target on EQT Corporation (EQT) to $53 from $52 and keeps an Overweight rating on the shares. With the closing of both non-op asset sales and midstream JV, EQT is well positioned to garner increased investor interest as leverage decreases and merger synergies become more evident, while LNG growth and regulatory shifts support gas demand, the firm says.
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Read More on EQT:
- EQT Corporation price target raised to $55 from $45 at Jefferies
- EQT Corporation price target raised to $53 from $50 at JPMorgan
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