The Wall Street Gang is raising price targets on our gassers.
Three price targets on EQT raised:
> Lloyd Byrne at Jefferies raised EQT to a BUY on 1/2/2025 with a price target of $55.00
> Arun Jayaram at J.P. Morgan rates EQT a BUY on 1/3/2025 with a price target of $53.00
> Doug Leggate at Wolfe Research raised his price target by $6.00 and rates EQT a BUY on 1/3/2025 with a price target of $57.00
The Wall Street Gang is a "herd". The Paradigm has shifted from an over-supplied U.S. gas market to a much tighter market. Demand for U.S. natural gas is MUCH HIGHER than it was 5-years ago.
My current valuation of EQT is $52.00.
EQT Corp. (EQT) Price Target Increases - Jan 3
EQT Corp. (EQT) Price Target Increases - Jan 3
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group