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Analysts’ Top Energy Picks: EQT (EQT), Cheniere Energy (LNG)

Tipranks - Thu Jul 23, 8:38AM CDT

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

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EQT (EQT)

In a report released yesterday, Neil Mehta from Goldman Sachs maintained a Buy rating on EQT, with a price target of $60.00. The company’s shares closed last Wednesday at $51.83.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 12.0% and a 61.4% success rate. Mehta covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Comstock Resources. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for EQT with a $68.94 average price target, representing a 38.4% upside. In a report issued on July 6, TipRanks – xAI also upgraded the stock to Buy with a $58.00 price target.

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Cheniere Energy (LNG)

In a report released today, Devin McDermott from Morgan Stanley assigned a Buy rating to Cheniere Energy, with a price target of $308.00. The company’s shares closed last Wednesday at $266.34.

According to TipRanks.com, McDermott is a 5-star analyst with an average return of 9.6% and a 57.1% success rate. McDermott covers the NA sector, focusing on stocks such as Cheniere Energy Partners, Occidental Petroleum, and Northern Oil And Gas. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cheniere Energy with a $313.25 average price target, implying a 19.3% upside from current levels. In a report issued on July 8, Goldman Sachs also maintained a Buy rating on the stock with a $303.00 price target.

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