Category: Markets
Published: 2026-06-30T14:28:41.000Z
Freedom Broker has initiated coverage on EQT Corp. (NYSE:EQT) with a "Buy" rating and a price target of $79.00, representing a potential 50% upside from its current trading price of $52.55. The positive outlook is based on EQT's strong position to capitalize on improving U.S. natural gas market fundamentals, supported by its scale, high-quality Appalachian asset base, and disciplined operating model. The company, the largest U.S. natural gas producer, is considered undervalued by InvestingPro analysis, profitable over the last year, and has recently demonstrated strong financial results, including significant debt reduction and strategic real estate acquisitions.
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