KLR Group Cuts Price Target on EQT Corp. (EQT) to $95; Reiterates Buy

KLR Group maintained a Buy rating on EQT Corp. (NYSE: EQT), and cut the price target to $95.00 (from $100.00), following the company's 2Q earnings report.

Analyst John Gerdes commented, "We are decreasing our EQT target price $5 to $95 per share due to lower liquids price realizations partially offset by slightly lower capital intensity. Our composite weighted average cost-of-capital values the midstream business at ~13x next year’s cash generation (EQT GP Holdings (EQGP, $25.50, NR)/ EQT Midstream Partners (EQM, $78.47, NR) valuation)."

For an analyst ratings summary and ratings history on EQT Corp. click here. For more ratings news on EQT Corp. click here.

Shares of EQT Corp. closed at $73.91 yesterday.

You May Also Be Interested In

• Alimentation Couche-Tard Inc (ATD/B:CN) (ANCUF) PT Raised to Cdn$104 at UBS
• EssilorLuxottica SA (EL:FP) (ESLOY) PT Lowered to EUR181 at Deutsche Bank
• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat