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EQT Corporation (EQT) [hlAlert]

Rating:
Hold EQT
up 37.70 %

EQT Corporation (EQT) downgraded to Hold by Societe Generale

Posted on: Wednesday,  May 22, 2013  8:25 AM ET by Societe Generale

Societe Generale rated Hold EQT Corporation (NYSE: EQT) on 05/22/2013. Previously Societe Generale rated Buy EQT Corporation (NYSE: EQT) on 12/19/2012.,
when the stock price was $58.21. Since then, EQT Corporation has gained 37.71% as of 05/22/2013's recent price of $80.16.
If you would have followed the previous Societe Generale's recommendation on EQT, you would have gained 37.7% of your investment in 154 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.

Societe Generale
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2013 8:25 AM Hold
None
80.16
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  35.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2012 8:25 AM Buy
None
58.21

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