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EQT (EQT) Receives a Hold from Piper Sandler

Tipranks - Thu Feb 19, 6:28AM CST

Piper Sandler analyst Mark Lear maintained a Hold rating on EQT today and set a price target of $50.00.

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Lear covers the Energy sector, focusing on stocks such as Devon Energy, Coterra Energy, and Murphy Oil. According to TipRanks, Lear has an average return of 5.0% and a 57.86% success rate on recommended stocks.

In addition to Piper Sandler, EQT also received a Hold from Siebert Williams Shank & Co’s Gabriele Sorbara in a report issued today. However, on the same day, Stephens maintained a Buy rating on EQT (NYSE: EQT).

Based on EQT’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.82 billion and a net profit of $335.86 million. In comparison, last year the company earned a revenue of $1.22 billion and had a GAAP net loss of $300.82 million

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