EQT Corporation, based in Pittsburgh, produces, gathers, and transmits natural gas, with a market cap of $32 billion. Shares have surged 65.6% in the past year, outperforming the S&P 500. Q2 revenue grew by 168.5% to $2.6 billion, with adjusted EPS at $0.45. Analysts expect EPS to grow by 105.6% this year.
Analysts rate EQT as a “Strong Buy,” with a mean price target of $64.39 and a Street-high target of $75. Jefferies analyst maintains a “Buy” rating with a price target of $70. This suggests a potential upside of 36.5% from current levels. Configuration is more bullish than two months ago.
Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for EQT Corporation Stock?
