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Analysts Offer Insights on Energy Companies: EQT (EQT) and Coterra Energy (CTRA)

Tipranks - Sat Jan 31, 10:40AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on EQT (EQTResearch Report) and Coterra Energy (CTRAResearch Report) with bullish sentiments.

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EQT (EQT)

Wolfe Research analyst Doug Leggate maintained a Buy rating on EQT yesterday and set a price target of $62.00. The company’s shares closed last Friday at $57.49.

Leggate has an average return of 84.4% when recommending EQT. ;'>

According to TipRanks.com, Leggate is ranked #830 out of 12040 analysts.

Currently, the analyst consensus on EQT is a Moderate Buy with an average price target of $65.53, a 16.0% upside from current levels. In a report issued on January 20, Barclays also maintained a Buy rating on the stock with a $64.00 price target.

See today’s best-performing stocks on TipRanks >>

Coterra Energy (CTRA)

William Blair analyst Neal Dingmann maintained a Buy rating on Coterra Energy today. The company’s shares closed last Friday at $28.49.

According to TipRanks.com, Dingmann is a 2-star analyst with an average return of 0.1% and a 44.4% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Mach Natural Resources LP, and Kodiak Gas Services, Inc. ;'>

Currently, the analyst consensus on Coterra Energy is a Strong Buy with an average price target of $32.64, a 16.3% upside from current levels. In a report issued on January 15, Mizuho Securities also maintained a Buy rating on the stock with a $36.00 price target.

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