BofA Cuts EQT Corporation (EQT) Price Target, Bernstein Slightly Lifts

Bank of America Securities noted that affirmative sentiment astir earthy state has persisted for 18 months. However, the probe steadfast present sees a increasing hazard of oversupply successful 2027. This interest is accompanied by worries of little earthy state terms forecasts. As a result, Bank of America Securities chopped its mean terms targets for gas-levered exploration and accumulation companies by astir 12%.

However, earlier, connected January 5, Bernstein somewhat raised its terms people connected EQT Corporation (NYSE:EQT) from $72 to $73 and maintained its Outperform standing connected the stock. The probe steadfast has a balanced outlook for lipid arsenic 2026 starts.

Bernstein expects to spot near-term terms volatility but it besides forecasts that the conditions volition amended implicit the longer term.

EQT Corporation (NYSE:EQT) is an American vertically integrated earthy state institution with accumulation and midstream operations focused successful the Appalachian Basin.

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