Is EQT Corp. a Winner in the Oil & Gas Extraction & Production Industry?

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Because natural gas prices are expected to hit a 13-year high this winter, analysts expect EQT to gain momentum in the coming months. The $26.73 12-month median price target for the stock indicates a 36.9% potential upside from yesterday’s closing price of $19.53.

However, EQT’s bleak financials and stretched valuation might make its rally unsustainable, especially in a volatile market.

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