Citigroup Upgrades EQT to Buy, Announces $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has upgraded EQT Corporation (NYSE:EQT) from Neutral to Buy and set a price target of $46.
December 11, 2023 | 1:48 pm
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POSITIVE IMPACT
EQT Corporation was upgraded by Citigroup from Neutral to Buy with a new price target of $46, suggesting a positive outlook on the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved fundamentals or potential outperformance. The new price target of $46 indicates a level of confidence in EQT's growth prospects and may attract investor interest.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100