We recently published 10 Big Names Leaving Wall Street Behind; 7 Are Hitting Record Highs. EQT Corporation (NYSE:EQT) was one of the worst performers on Wednesday.
EQT Corporation extended its winning streak to a third straight day on Wednesday, jumping by as much as 7 percent to $55.14 at intra-day trading as investors took path from an investment firm’s “buy” recommendation ahead of its earnings results.
At market close, the stock trimmed gains to finish the day just up by 6.51 percent at $54.83 apiece.
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In a market report, UBS reiterated its recommendation and a $76 price target on shares of EQT Corporation (NYSE:EQT) on optimism that it would report a positive earnings performance in the fourth quarter of 2025.
EQT Corporation (NYSE:EQT) is expected to release its financial and operating highlights in the second week of February 2026. Final date has yet to be announced.
Additionally, UBS was confident that EQT Corporation’s (NYSE:EQT) debt level would fall below the $7.5 billion as projected by the company, and is expected to support its debt standing moving forward.
UBS noted lower natural gas prices in recent weeks due to weather-driven Henry Hub price weakness, but said that the energy firm has demonstrated relatively low price volatility as compared with its peers.
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Disclosure: None. This article is originally published at Insider Monkey.