Piper Sandler Analyzes EQT's Infrastructure Investments and Natural Gas Market Challenges

Reported 1 day 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

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