Reported 29 days ago
Piper Sandler has reaffirmed a Neutral rating for EQT Corporation, raising its price target to $49. The firm highlights EQT’s plans for substantial investments totaling $1 billion in infrastructure, aiming for a significant increase in free cash flow by 2029. However, concerns about near-term natural gas market fundamentals due to strong domestic supply and seasonal storage issues remain prominent.
Source: YAHOO