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Bank of America Securities Reaffirms Their Buy Rating on EQT (EQT)

Bank of America Securities Reaffirms Their Buy Rating on EQT (EQT)

In a report released yesterday, Kalei Akamine from Bank of America Securities maintained a Buy rating on EQT, with a price target of $63.00. The company's shares closed yesterday at $59.18.
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Akamine covers the Energy sector, focusing on stocks such as Diamondback, Devon Energy, and National Fuel Gas Company. According to TipRanks, Akamine has an average return of 1.6% and a 49.40% success rate on recommended stocks.
In addition to Bank of America Securities, EQT also received a Buy from Barclays's Betty Jiang in a report issued yesterday. However, on the same day, Siebert Williams Shank & Co maintained a Hold rating on EQT (NYSE: EQT).
Based on EQT's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.42 billion and a net profit of $242.14 million. In comparison, last year the company earned a revenue of $1.31 billion and had a net profit of $103.49 million
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQT in relation to earlier this year. Most recently, in April 2025, Jeremy Knop, the CFO of EQT sold 7,216.00 shares for a total of $368,016.00.
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