0628 GMT - EQT's updated guidance suggests mid-to-high single-digit upside to consensus 2027 Ebitda and mid-teens upside to 2028, driven by higher performance-related earnings, Citi analyst Nicholas Herman writes. That said, the bank expects investors to remain somewhat sceptical as the guidance assumes "continued performance," despite exceptionally strong investment income and valuation gains in the first half. "While we are constructive on EQT's growth outlook and expect it to take share in the sector, the shares already trade at a healthy premium to the global sector." Citi rates EQT at neutral with a 315 Swedish kronor target price. Shares closed at 318.30 kronor. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
July 20, 2026 02:29 ET (06:29 GMT)
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