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Siebert Williams Shank & Co Sticks to Their Hold Rating for EQT (EQT)

Tipranks - Tipranks - Thu Aug 13, 6:00AM CDT

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on EQT today and set a price target of $60.00.

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According to TipRanks, Sorbara is a 5-star analyst with an average return of 7.9% and a 59.39% success rate. Sorbara covers the Energy sector, focusing on stocks such as Devon Energy, Comstock Resources, and Matador Resources.

EQT has an analyst consensus of Strong Buy, with a price target consensus of $68.76.

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Based on EQT’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.81 billion and a net profit of $281.45 million. In comparison, last year the company earned a revenue of $2.56 billion and had a net profit of $784.15 million

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