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Truist Financial Initiates Coverage on EQT (NYSE:EQT)
Truist Financial has initiated coverage on EQT Corporation (NYSE:EQT), a natural gas producer, issuing a buy rating and a $74.00 price target. This positive outlook is attributed to EQT’s strong production assets and operational efficiency in the Appalachian Basin. Truist joins other analysts in a “Moderate Buy” consensus for EQT, signaling growing investor confidence in the company.