Morgan Stanley Maintains Overweight on EQT, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on EQT Corporation (NYSE:EQT) and increased the price target from $38 to $39.
November 29, 2023 | 3:22 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on EQT Corporation and raised the price target to $39, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley typically suggests a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100