RBC Capital Reiterates Outperform on EQT, Maintains $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on EQT Corporation (NYSE:EQT) and maintained a price target of $48.
January 18, 2024 | 2:02 pm
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RBC Capital analyst Scott Hanold reaffirmed an Outperform rating on EQT Corporation with a $48 price target, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a prominent analyst like Scott Hanold suggests a positive sentiment towards EQT Corporation's stock. The maintained price target of $48 implies that the analyst believes the stock has the potential to reach or exceed this price level in the short term, which could influence investor confidence and drive the stock price upward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100