BofA Cuts EQT Corporation (EQT) Price Target, Bernstein Slightly Lifts

Group 1 - EQT Corporation is recognized as one of the 12 Best American Energy Stocks to Buy Now, despite a recent price target reduction by Bank of America Securities from $84 to $74 while maintaining a Buy rating [1] - Bank of America Securities has observed a positive sentiment around natural gas lasting for 18 months but now sees a growing risk of oversupply in 2027, leading to a 12% cut in average price targets for gas-levered exploration and production companies [2] - Bernstein slightly raised its price target on EQT Corporation from $72 to $73 and maintained an Outperform rating, indicating a balanced outlook for oil as 2026 approaches, with expectations of near-term price volatility but improved conditions in the long term [3] Group 2 - EQT Corporation operates as a vertically integrated natural gas company with production and midstream operations primarily in the Appalachian Basin [4]