The above graph compares EQT’s stock movement with the Energy Select Sector SPDR ETF (XLE) since December 2015.
An equity analyst at Deutsche Bank (DB) reiterated a “buy” rating on the stock. The stock price target was revised to $72. EQT traded at $51.87 on Thursday, January 7. It has an upward growth potential of 39%. The value of beta for EQT is 0.87. A beta value less than one implies that the stock is less sensitive to the broad market movement. The stock’s trailing one-year return was -31.3%. Its RSI (relative strength index) is 46. An RSI of 30–70 implies that the asset isn’t undervalued or overbought. EQT’s 100-day, 50-day, and 20-day moving average values are $65, $57, and $51, respectively. It earned 17 “buy,” five “hold,” and no “sell” recommendations.
Allegheny Technologies stock was issued with a “market perform” rating by the analysts at Cowen and Company. Its stock price target changed to $13.0 from $18.0. This still suggests an upward growth potential of 37%.
The number of US jobless claims for the week ending January 2, 2016, came in at 277,000—compared to the previous reading of 287,000. The data show a fall in the claims. This suggests strong labor market conditions.
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