Mizuho Maintains Buy Rating and $60 PT on EQT Corporation (EQT)

EQT Corporation (NYSE:EQT) is one of the most undervalued large cap stocks to buy right now. On October 28, Mizuho Securities analyst Nitin Kumar maintained a Buy rating on EQT with a price target of $60.00.

Earlier, on October 15, William Blair initiated coverage of EQT Corporation with an Outperform rating but no price target. The firm characterizes EQT as the only domestic and vertically integrated natural gas producer operating with a low-cost structure and holding decades of core inventory. The analyst at William Blair believes that the company’s infrastructure and investment-grade rating position it to generate free cash flow of over $700 million at natural gas prices exceeding $4 per unit.

On the same day, Roth MKM analyst Leo Mariani maintained a Hold rating on the company and set a price target of $57.00.

EQT Corporation (NYSE:EQT) produces, gathers, and transmits natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers located in the Appalachian Basin.

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Disclosure: None. This article is originally published at Insider Monkey.