There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on EQT (EQT – Research Report) and PBF Energy (PBF – Research Report) with bullish sentiments.
EQT (EQT)
J.P. Morgan analyst Arun Jayaram maintained a Buy rating on EQT on February 15 and set a price target of $39.00. The company’s shares closed last Friday at $34.70.
According to TipRanks.com, Jayaram is a 5-star analyst with an average return of
EQT has an analyst consensus of Moderate Buy, with a price target consensus of $44.62, implying a 29.3% upside from current levels. In a report issued on February 13, Jefferies also maintained a Buy rating on the stock with a $51.00 price target.
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PBF Energy (PBF)
In a report issued on February 16, John Royall from J.P. Morgan maintained a Buy rating on PBF Energy, with a price target of $54.00. The company’s shares closed last Friday at $48.16.
According to TipRanks.com, Royall is a 4-star analyst with an average return of
Currently, the analyst consensus on PBF Energy is a Moderate Buy with an average price target of $49.82, implying a -2.5% downside from current levels. In a report issued on February 15, Wells Fargo also maintained a Buy rating on the stock with a $64.00 price target.
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Read More on EQT:
- Third Point buys McKesson, exits T-Mobile in Q4
- EQT Corporation sees FY24 maintenance CapEx $1.950B-$2.050B
- EQT Corporation reports Q4 adjusted EPS 48c, consensus 52c
- EQT Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance
- EQT Corporation options imply 4.4% move in share price post-earnings
