Analysts Are Bullish on These Materials Stocks: EQT Corporation (EQT), Propetro Holding Corp (PUMP)


There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on EQT Corporation (EQT) and Propetro Holding Corp (PUMP) with bullish sentiments.

EQT Corporation (EQT)

In a report released today, Betty Jing from Credit Suisse maintained a Buy rating on EQT Corporation, with a price target of $25. The company’s shares opened today at $17.09.

According to TipRanks.com, Jing is ranked 0 out of 5 stars with an average return of -7.7% and a 35.1% success rate. Jing covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Whiting Petroleum Corp, and Extraction Oil & Gas.

Currently, the analyst consensus on EQT Corporation is a Moderate Buy with an average price target of $37.33.

See today’s analyst top recommended stocks >>

Propetro Holding Corp (PUMP)

In a report released today, James Wicklund from Credit Suisse maintained a Buy rating on Propetro Holding Corp, with a price target of $21. The company’s shares opened today at $17.52.

According to TipRanks.com, Wicklund ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -11.6% and a 27.3% success rate. Wicklund covers the Basic Materials sector, focusing on stocks such as Ncs Multistage Holdings Inc, Select Energy Services Inc, and Oil States International.

Propetro Holding Corp has an analyst consensus of Strong Buy, with a price target consensus of $21.89, a 24.9% upside from current levels. In a report issued on November 8, Raymond James also maintained a Buy rating on the stock with a $25 price target.

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