Wells Fargo Maintains Overweight on EQT, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Nitin Kumar has maintained an Overweight rating on EQT (NYSE:EQT) and raised the price target from $50 to $51.
October 20, 2023 | 2:42 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on EQT and raised the price target from $50 to $51, which could positively impact the stock.
The Overweight rating maintained by Wells Fargo indicates that the firm believes EQT's stock will outperform the market in the future. The increase in the price target from $50 to $51 suggests that the firm sees further upside potential for the stock. This could lead to increased investor confidence in EQT, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100