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EQT Corporation (NYSE:EQT) target price raised to $76.00, reported today by Zacks Investment Research

EQT Corporation (NYSE:EQT) had its target price raised to $76.00 by Zacks Investment Research in a report released 10/17/2016. The new target price indicates a possible upside of 0.16% based on the company's last stock close price.

Yesterday EQT Corporation (NYSE:EQT) traded -2.28% lower at $65.45. The company’s 50-day moving average is $71.91 and its 200-day moving average is $71.90. The last stock close price is down -8.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,463,673 shares of the stock were exchanged, down from an average trading volume of 1,540,530

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EQT Corporation (NYSE:EQT)

EQT Corporation has a 52 week low of $47.10 and a 52 week high of $80.61 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 20 firms have reported on the stock. The consensus target price is $73.08 with 5 firms rating the stock a strong buy, 12 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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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