BofA reinstated coverage of EQT Corporation (EQT) with a Buy rating and $50 price target EQT is “a compelling investment opportunity for investors looking to capitalize on the structural shift taking place in natural gas markets, argues the analyst. The LNG buildout could add 16% to domestic demand and “tether US fundamentals to theglobal marketis finally here and evident in a contango sloped forward curve,” the analyst tells investors.
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Read More on EQT:
- Is EQT a Buy, Before Earnings?
- EQT Corporation call volume above normal and directionally bullish
- Blackstone in talks to acquire EQT pipeline interests for $3.5B, Reuters says
- EQT Corporation price target raised to $38 from $35 at Siebert Williams
- EQT Corporation price target raised to $40 from $39 at BMO Capital
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