Piper Sandler Maintains Overweight on EQT, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear has maintained an Overweight rating on EQT Corporation (NYSE:EQT) but has reduced the price target from $54 to $52.
November 16, 2023 | 3:35 pm
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Piper Sandler has maintained an Overweight rating on EQT Corporation but lowered the price target from $54 to $52.
The reduction in price target by Piper Sandler could have a mixed impact on EQT's stock price. While the Overweight rating suggests a positive outlook, the lowered price target may signal a tempered expectation for the stock's growth potential. Investors may react to the new price target, but the reaffirmation of the Overweight rating could balance out any negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100