EQT Corporation price target raised to $135 from $125 at Maxim Maxim raised its price target for EQT Corporation shares to $135 citing a higher valuation on the company's ownership of EQT Midstream Partners (EQM). The firm keeps a Buy rating on the stock.
EQT Midstream Partners sees Q2 adjusted EBITDA $108M-$113M The Partnership forecasts Q2 adjusted EBITDA of $108M-$113M and is increasing its full-year 2015 adjusted EBITDA forecast to $430M-$445M; and distributable cash flow forecast to $375M-$390M. The increase in the 2015 forecast is primarily related to first quarter results above plan and the impact of NWV Gathering. The financial and distribution guidance does not include financial impacts of potential acquisitions.