Mizuho Maintains Buy on EQT, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has reaffirmed a Buy rating on EQT Corporation (NYSE:EQT) and increased the price target from $47 to $52.
January 10, 2024 | 11:01 am
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Mizuho analyst Nitin Kumar reaffirmed a Buy rating on EQT Corporation and raised the price target from $47 to $52, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, suggesting that the analyst sees potential for the stock to rise to the new target price. This can have a positive impact on investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100