EQT Corp. (EQT) Declares $0.03 Quarterly Dividend; 0.2% Yield
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EQT Corp. (EQT) PT Raised to $85 at Stifel; 'Transformational Accretive Deal Positions EQT Well'
July 10, 2017 6:10 AM EDTStifel raised its price target on EQT Corp. (NYSE: EQT) to $85.00 (from $79.00) while maintaining a Buy rating, following acquisition of Rice Energy.
Analyst Karl Chalabala notes the acquisition is a transformative accretive deal for the company, allowing management to pivot towards free cash returns instead of production growth.
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