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EQT Corporation (EQT) [hlAlert]

Rating:
Market Perform
EQT

Equitable Resources, Inc. (EQT) rated Market Perform with price target $70 by BMO Capital Markets

Posted on: Friday,  Feb 1, 2008  9:25 AM ET by BMO Capital Markets

Equitable Res (EQT) rated Market
Perform with price target $70 by BMO Capital Markets.

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.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2008 9:25 AM Hold
None
55.50 70.00
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2007 9:25 AM Hold
None
52.56 53.00

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