Goldman Sachs: Maintains "Buy" rating on EQT Corporation (EQT.US); Range Resources acquisition is strategically significant.

Zhitong Finance APP has learned that Goldman Sachs noted in its latest research report that despite the weak natural gas pricing environment in the Appalachian region, EQT Corporation (EQT.US) still demonstrated strong free cash flow resilience in the third quarter of fiscal year 2026. Based on the currently attractive risk-reward ratio, Goldman Sachs maintained its "Buy" rating and $62 price target on EQT Corporation. In addition, Goldman Sachs believes that EQT's acquisition of Range Resources (RRC.US) is strategically significant, and the combined entity will create a natural gas giant with an enterprise value exceeding $50 billion.