Jefferies Maintains Buy on EQT, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne maintains a Buy rating on EQT Corporation (EQT) but lowers the price target from $50 to $42.
March 25, 2024 | 10:13 am
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Jefferies maintains a Buy rating on EQT Corporation but lowers the price target from $50 to $42.
While the Buy rating reaffirms confidence in EQT's fundamentals, the reduction in price target could signal a reassessment of near-term growth prospects or market conditions affecting the stock. This mixed signal might lead to short-term market uncertainty for EQT's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100