Wells Fargo Maintains Overweight on EQT, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Nitin Kumar has maintained an Overweight rating on EQT Corporation (NYSE:EQT) and increased the price target from $51 to $53.
November 22, 2023 | 3:00 pm
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Wells Fargo analyst Nitin Kumar has reaffirmed an Overweight rating on EQT Corporation and raised the price target from $51 to $53, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Nitin Kumar from Wells Fargo typically signals a bullish perspective on the stock's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
RELEVANCE 100