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Unpacking Oil & Gas Stock's Bull Note
EQTEQT(EQT) Schaeffers Investment Research·2024-08-14 14:51

EQT Corp (NYSE:EQT) stock is 0.2% higher at 31.20atlastcheck,followingabullnoteatWellsFargo.Theanalystupgradedthenaturalgasnameto"overweight"from"equalweight,"followinglastmonths31.20 at last check, following a bull note at Wells Fargo. The analyst upgraded the natural gas name to "overweight" from "equal weight," following last month's 5.45 billion deal with Equitrans (ETRN) and upbeat second-quarter report. There's room for more analysts to join the bullish bunch. While 11 still recommend a "buy" or better, nine rate EQT "hold" or worse. This bullishness has been prevalent in the options pits lately, per EQT stock's 10-day call/put vo ...