Barclays Sticks to Their Buy Rating for EQT (EQT)
In a report released today, Betty Jiang from Barclays maintained a Buy rating on EQT, with a price target of $67.00.
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Jiang covers the Energy sector, focusing on stocks such as Exxon Mobil, Chevron, and Devon Energy. According to TipRanks, Jiang has an average return of 3.2% and a 52.08% success rate on recommended stocks.
In addition to Barclays, EQT also received a Buy from Jefferies’s Lloyd Byrne in a report issued on February 21. However, on February 18, Piper Sandler maintained a Hold rating on 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
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