EQT Co. (NYSE:EQT) experienced a series of noteworthy events. Kestra Private Wealth Services, Retirement Systems of Alabama, Atria Wealth Solutions, and International Assets Investment Management raised their holdings in the company's stock. EQT's acquisition of Perficient for $3 billion pushed the stock up by 53%. Subsequently, EQT acquired Equitrans Midstream in an all-stock deal and agreed to buy Equitrans Midstream, while partnering with T-Mobile for a $950 million venture. EQT saw several price target raises, such as Scotiabank's raise to $54.00 and Mizuho's to $43.00. A Zacks Analyst Blog highlighted EQT among other companies, and while some of the shares showed weakness, the company's financials appeared strong. Despite a downgrade by JPMorgan, it continued to attract attention from value investors, with increased earnings and dividends declared. The company also completed Q1 2024 beating EPS and Revenue forecasts, meeting Q4 estimates, and giving a full 2024 guidance. A surprise might be expected for EQT's forthcoming earnings season.
Eqt Stocks EQT News Analytics from Mon, 18 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 12:26:29 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -5
