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EQT Corporation (EQT) [hlAlert]

Rating:
Hold EQT
up 28.23 %

EQT Corporation (EQT) downgraded to Hold with price target $67 by Stifel Nicolaus

Posted on: Thursday,  Jan 17, 2013  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold EQT Corporation (NYSE: EQT) on 01/17/2013. Previously Stifel Nicolaus rated Buy EQT Corporation (NYSE: EQT) on 01/10/2011.,
when the stock price was $45.51. Since then, EQT Corporation has gained 28.24% as of 01/17/2013's recent price of $58.36.
If you would have followed the previous Stifel Nicolaus's recommendation on EQT, you would have gained 28.23% of your investment in 738 days.

Equitable Resources, Inc. is an integrated energy company with emphasis on Appalachian area natural-gas supply, transmission and distribution. Equitable Resources, its divisions and its subsidiaries, offer natural gas products to wholesale and retail customers through two business segments: Equitable Supply and Equitable Utilities. Equitable Supply is the largest natural gas supplier in the Appalachian basin with reserves in excess of two trillion cubic feet. The segment engages in gathering, operating, and delivering natural gas and crude oil in the Appalachian basin. In addition, it processes and sells natural gas liquids. Equitable Utilities includes three integrated divisions: a regulated natural gas distribution operation, an interstate pipeline business, and a non-regulated marketing business for natural gas and natural gas products. The segment?s service territory primarily comprises southwestern Pennsylvania and West Virginia.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2013 8:25 AM Hold
None
58.36 67.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -1.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/10/2011 9:25 AM Buy
None
45.51 55.00
12/6/2010 8:25 AM Buy
None
43.15 50.00
6/29/2009 9:25 AM Buy
None
34.80 52.00

(*) Stock Price at the time of the recommendation.
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