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Scotiabank Maintains EQT Corp(EQT.US) With Buy Rating, Maintains Target Price $55

Moomoo News ·  Nov 26 21:31  · Ratings

Scotiabank analyst Cameron Bean maintains $EQT Corp (EQT.US)$ with a buy rating, and maintains the target price at $55.

According to TipRanks data, the analyst has a success rate of 53.1% and a total average return of 1.0% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $EQT Corp (EQT.US)$'s main analysts recently are as follows:

  • E&P companies reported robust third-quarter performances, emphasizing capital efficiency improvements and potential cost deflation as positive factors for 2025. The general strategy amongst most covered entities remains focused on low to zero growth, with some gas activities possibly being postponed until there is a more substantial recovery in prices.

  • As EQT Corporation's leverage decreases and the benefits of mergers become more apparent, it is anticipated to draw heightened investor interest. Additionally, the positive outlook on gas demand growth further supports this view.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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