EQT rose about 2% as Appalachian gas producers RRC, AR and CNX also advanced intraday and crude oil climbed. The move came despite a sharp broader-market selloff and higher volatility, pointing to natural-gas-sector strength rather than the UBS target cut or lower Q4 consensus estimates. UBS maintained its Buy rating while trimming its EQT price target to $74. source
EQT rose about 2% as Appalachian gas producers RRC, AR and CNX also advanced intraday and crude oil climbed. The move came despite a sharp broader-market selloff and higher volatility, pointing to natural-gas-sector strength rather than the UBS target cut or lower Q4 consensus estimates. UBS maintained its Buy rating while trimming its EQT price target to $74. source