Mizuho Securities analyst Nitin Kumar CFA maintains $EQT Corp (EQT.US)$ with a hold rating, and adjusts the target price from $43 to $41.
According to TipRanks data, the analyst has a success rate of 64.5% and a total average return of 15.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $EQT Corp (EQT.US)$'s main analysts recently are as follows:
The energy markets are perceived to be at a pivotal juncture, with a forecast for softening oil fundamentals contrasted by a tightening U.S. gas market anticipated in 2025. Producers with low gas production costs are expected to emerge successfully within the energy sector. Several catalysts are anticipated for the company in question, notably through asset disposals and reduction of debt obligations in the forthcoming period.
The expectation is for a slight shortfall in EQT Corporation's EBITDA for Q3 compared to the market consensus, with weak gas pricing, especially in the Appalachia local market, likely to counterbalance the company's robust operational performance. As the outlook for the gas market ameliorates, it is anticipated that EQT will stand as one of the principal beneficiaries.
The firm is adjusting its model within the Energy sector, revising estimates for the North American Oil and Gas group, U.S. refiners, and Canadian oilfield services companies. This follows a plunge in crude prices observed in September, with the expectation that prices will stabilize around current levels for the remainder of the year.
Note:
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