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Enter Symbol:
 
EQT Corporation (EQT) [hlAlert]

Rating:
Buy EQT
up 44.18 %

Equitable Resources, Inc. (EQT) rated Buy with price target $62 by SMH Capital

Posted on: Monday,  Jan 7, 2008  11:25 AM ET by SMH Capital

SMH Capital rated Buy EQT Corporation (NYSE: EQT) on 01/07/2008, when the stock price was $53.37. Since
then, EQT Corporation has gained 44.18% as of 10/23/2015's recent price of $76.95.
If you would have followed this SMH Capital's recommendation on EQT, you would have gained 44.18% of your investment in 2846 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.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2008 11:25 AM Buy
None
53.37 62.00
as of 12/24/2008
1 Week down  -0.46 %
1 Month down  -1.42 %
3 Months down  -3.65 %
1 YTD down  -45.10 %

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