EQT Corporation (EQT) experienced a positive surge in Q1 due to increased demand.
Invesco Ltd acquired 4,162,065 shares, contributing to a 5.6% jump in EQT's performance. Further projections, including a
bullish outlook by Scotiabank, anticipate the company's shares escalating up to 48%. In addition, EQT and TA Associates sold shares in IFS to Hg and two other new investors.
Resona Asset Management Co. Ltd also made a significant $7.50 Million investment in EQT. As per TD Cowen's upgraded rating,
buy level at $54 target, the shares are attracting notable investors like Neuberger Berman Group LLC and National Bank of Canada FI boosting their positions in EQT. Despite UBS Group downgrading the price target to $55.00, the company reported strong Q4 2024 results and has provided promising 2025 guidance. EQT has shown a higher performance compared to its Oil-Energy peers and was dubbed the 'Best American Energy Stock' to buy now.
Mizuho maintained a considerate $60 target based on gas pricing. Despite some shares being sold, Experienced advisor Jim Cramer labeled EQT 'A Buy'. The share's positive trajectory has placed EQT as one of Billionaire Steve Cohen’s top stock picks.
Eqt Stocks EQT News Analytics from Thu, 10 Oct 2024 07:00:00 GMT to Sun, 13 Apr 2025 01:36:58 GMT -
Rating 8
- Innovation 6
- Information 5
- Rumor -2
