Zacks Rating on EQT Corporation (EQT)

EQT Corporation (EQT) : 4 brokerage houses believe that EQT Corporation (EQT) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on EQT Corporation (EQT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.25.

EQT Corporation (EQT) : 11 Wall Street analysts covering EQT Corporation (EQT) believe that the average level the stock could reach for the short term is $85.73. The maximum price target given is $99 and the minimum target for short term is around $77, hence the standard deviation is calculated at $6.17.


Shares of EQT Corporation appreciated by 4.12% during the last five trading days but lost 2.35% on a 4-week basis. EQT Corporation is up 2.69% in the last 3-month period. Year-to-Date the stock performance stands at 38.5%. EQT Corporation (NYSE:EQT): stock turned positive on Tuesday. Though the stock opened at $71.81, the bulls momentum made the stock top out at $72.17 level for the day. The stock recorded a low of $70.95 and closed the trading day at $72.1, in the green by 0.68%. The total traded volume for the day was 2,135,714. The stock had closed at $71.61 in the previous days trading.

EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.

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