4 days ago
Analysts Offer Insights on Energy Companies: EQT (EQT) and NextDecade (NEXT)
There's a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on EQT (EQT – Research Report) and NextDecade (NEXT – Research Report) with bullish sentiments.
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EQT (EQT)
In a report issued on July 7, Haley Tam from UBS maintained a Buy rating on EQT. The company's shares closed last Friday at $55.33, close to its 52-week high of $56.66.
According to Tam is ranked #2571 out of 9861 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for EQT with a $62.94 average price target, a 15.6% upside from current levels. In a report issued on June 24, Roth MKM also initiated coverage with a Buy rating on the stock with a $69.00 price target.
NextDecade (NEXT)
TD Cowen analyst Jason Gabelman maintained a Buy rating on NextDecade on July 7. The company's shares closed last Friday at $10.77.
According to Gabelman is a 4-star analyst with an average return of 8.6% and a 58.6% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, Calumet Specialty Products, and HF Sinclair Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NextDecade with a $13.00 average price target, implying a 38.0% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $15.00 price target.
