Citigroup Upgrades EQT to Buy, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber has upgraded EQT from Neutral to Buy and increased the price target from $37 to $44.

October 03, 2024 | 2:08 pm
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Citigroup analyst Scott Gruber has upgraded EQT from Neutral to Buy, raising the price target from $37 to $44, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by a major financial institution like Citigroup suggests increased confidence in EQT's future performance. The raised price target from $37 to $44 indicates expectations of a higher valuation, likely leading to positive investor sentiment and potential stock price increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100