A statement released earlier today by Wolfe Research about EQT Corporation (NYSE:EQT) raises the target price to $85.00
- Updated: October 7, 2016
Only yesterday EQT Corporation (NYSE:EQT) traded -0.70% lower at $72.35. EQT Corporation’s 50-day average is $72.06 and its two hundred day average is $71.67. The last close is up 0.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,260,162 shares of the stock traded hands, down from an average trading volume of 1,537,270
Stating a potential upside of 0.17%, Wolfe Research increased the stock price target of EQT Corporation (NYSE:EQT) to $85.00
On 9/28/2016, GMP Securities reported about EQT Corporation (NYSE:EQT) upped the target price from $0.00 to $92.00. At the time, this indicated a possible upside of 0.34%.
EQT Corporation has a with a one year low of $47.10 and a one year high of $80.61 EQT Corporation’s market capitalization is currently $0.
A total of 20 firms have released a report on EQT Corporation. Five equity analysts rating the stock a strong buy, 12 firms rating the stock a buy, 5 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $73.08.
Brief Synopsis On EQT Corporation (NYSE:EQT)
EQT Corporation (EQT) is an energy company. The Company operates through two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with over 10 trillion cubic feet equivalent (Tcfe) of natural gas, natural gas liquid (NGL) and crude oil reserves across approximately 3.4 million acres, including approximately 630,000 gross acres in the Marcellus play. EQT Midstream provides gathering, transmission and storage services for the Company's produced gas and for the independent third parties across the Appalachian Basin. Its EQT Production segment conducts lateral horizontal and completion drilling in the Appalachian Basin. EQT Production's properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. EQT Midstream owns or operates approximately 8,250 miles of gathering lines and approximately 180 compressor units, as well as other general property and equipment.
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