UBS Maintains Neutral Rating for EQT: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
UBS has maintained its Neutral rating for EQT Corp (NYSE:EQT) but lowered its price target from $51.00 to $50.00. EQT's shares are currently trading at $42.89, down 0.23% over the last 24 hours. A move to $50.00 would represent a 16.58% increase from the current share price.
August 31, 2023 | 5:00 pm
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NEUTRAL IMPACT
UBS has maintained its Neutral rating for EQT but lowered its price target. This could potentially impact the stock's performance in the short term.
The lowered price target by UBS could potentially lead to a negative sentiment among investors, impacting the stock's performance. However, the maintained Neutral rating indicates that UBS does not foresee any major changes in the company's performance in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100