BMO Capital Maintains Outperform on EQT, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Phillip Jungwirth has maintained an Outperform rating on EQT Corporation (NYSE:EQT) but has lowered the price target from $42 to $40.

March 12, 2024 | 3:09 pm
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BMO Capital maintains an Outperform rating on EQT Corporation but lowers the price target from $42 to $40.
The adjustment in price target by BMO Capital reflects a slight change in valuation expectations for EQT Corporation, likely due to updated analysis or market conditions. However, maintaining the Outperform rating indicates a continued positive outlook on the company's performance. This mixed signal could lead to neutral short-term price movement as investors digest the implications of a lower price target with a still positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100