Bank of America Corp DE Buys 284,244 Shares of EQT Corporation $EQT

Bank of America Corp DE increased its stake in EQT Corporation by 7.2% in the second quarter, acquiring 284,244 additional shares, bringing its total holding to 4.24 million shares valued at $225.5 million. Despite EQT missing its Q2 earnings and revenue estimates, analyst sentiment remains positive with a "Moderate Buy" rating and an average price target of $68.18. However, CEO Toby Rice recently sold shares, and an increase in put options suggests some near-term bearish sentiment.