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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100