Coverage of EQT Midstream (EQM +2.4%) is initiated with a Buy at BofA and ratings ranging from...

|About: EQT Midstream Partners, LP (EQM)|By:, SA News Editor

Coverage of EQT Midstream (EQM +2.4%) is initiated with a Buy at BofA and ratings ranging from Outperform to Hold at four other firms (I, II, III, IV). A typical reaction comes from Deutsche Bank, which says "substantial drop-down opportunities" from parent EQT as well as EQM's organic value-enhancing projects support a double-digit distribution growth rate for several years.