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EQT Corporation (EQT) [hlAlert]

Rating:
Equal-Weight
EQT
up 3.04 %

EQT Corporation (EQT) downgraded to Equal-Weight by Morgan Stanley

Posted on: Monday,  Oct 7, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Equal-Weight EQT Corporation (NYSE: EQT) on 10/07/2013. Previously Morgan Stanley rated Overweight EQT Corporation (NYSE: EQT) on 07/18/2013.,
when the stock price was $82.86. Since then, EQT Corporation has gained 3.04% as of 10/07/2013's recent price of $85.38.
If you would have followed the previous Morgan Stanley's recommendation on EQT, you would have gained 3.04% of your investment in 81 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.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/7/2013 8:25 AM Hold
None
85.38
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -3.10 %
1 YTD up  3.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2013 8:25 AM Buy
None
82.86

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