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UBS analyst Josh Silverstein has maintained a Neutral rating on EQT Corporation with a $58 price target, highlighting the company's focus on debt reduction and strong operational performance. Despite a projected $184 million loss on derivatives for Q4 2024, EQT expects net cash settlements of $181 million, primarily from natural gas hedges. The company is also anticipated to announce power-linked contracts in 2025, which could enhance production and financial outcomes.
UBS analyst Josh Silverstein has reiterated a Neutral rating for EQT Corporation, setting a price target of $58. The company, focused on reducing its $9.4 billion debt, generated $573 million in free cash flow over the past year and is expected to announce power contracts in 2025, which could enhance production and financial performance.EQT anticipates a total derivative loss of $184 million for Q4 2024 but expects net cash settlements of $181 million from hedging positions. Additionally, the company has appointed Thomas F. Karam as the new independent Chairman of the Board to strengthen governance.
Quarry LP now holds 891 shares of EQT stock valued at $33,000 after acquiring 578 additional shares. University of Texas Texas AM Investment Management Co. increased its stake by 47.7%, owning 960 shares worth $44,000, while EverSource Wealth Advisors LLC raised its holdings by 26.6% to 976 shares valued at $45,000. Institutional investors own 90.81% of EQT, which has a "Moderate Buy" rating, though some analysts have issued sell or hold ratings, with a consensus price target of $52.39.
EQT Corporation, a natural gas production company, has 90.81% of its stock owned by institutional investors and hedge funds. Analysts have given the stock a "Moderate Buy" rating, with target prices ranging from $49 to $66, reflecting a consensus average of $51.89. Recently, the stock traded at $52.62, with a market cap of $31.39 billion.
Thomas F. Karam
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs maintains neutral rating and price target for eqt corporation
14:55 28.03.2025
ubs maintains neutral rating for eqt with price target of 58 dollars
14:42 28.03.2025
institutional investors increase stakes in eqt amid mixed analyst ratings
16:46 25.02.2025
analysts raise price targets for eqt stock amid strong institutional interest
16:13 14.02.2025
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