BofA Securities Starts EQT Corp. (EQT) at Buy

BofA Securities analyst Kalei Akamine initiates coverage on EQT Corp. (NYSE: EQT) with a Buy rating and a price target of $50.00.

The analyst comments "We reinstate coverage of EQT Corp. (NYSE: EQT) at Buy. We believe EQT is a compelling investment opportunity for investors looking to capitalize on the structural shift taking place in natural gas markets. The often discussed LNG buildout that could add 16% to domestic demand and tether US fundamentals to the global market is finally here and evident in a contango sloped forward curve."

For an analyst ratings summary and ratings history on EQT Corp. click here. For more ratings news on EQT Corp. click here.

Shares of EQT Corp. closed at $37.48 yesterday.

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