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EQT (EQT) Gets a Hold from Roth MKM

Tipranks - Wed Apr 22, 4:42PM CDT

In a report released today, Leo Mariani from Roth MKM maintained a Hold rating on EQT, with a price target of $57.00.

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According to TipRanks, Mariani is a top 25 analyst with an average return of 35.1% and a 71.64% success rate. Mariani covers the Energy sector, focusing on stocks such as EQT, SM Energy, and Magnolia Oil & Gas.

In addition to Roth MKM, EQT also received a Hold from Siebert Williams Shank & Co’s Gabriele Sorbara in a report issued yesterday. However, today, Stephens assigned a Buy rating to EQT (NYSE: EQT).

Based on EQT’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.27 billion and a net profit of $677.1 million. In comparison, last year the company earned a revenue of $1.81 billion and had a net profit of $418.4 million

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQT in relation to earlier this year. Last month, Sarah Fenton, the EVP UPSTREAM of EQT sold 4,876.00 shares for a total of $314,453.24.

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