Morgan Stanley Remains a Hold on EOG Resources (EOG)

In a report released today, Devin McDermott from Morgan Stanley maintained a Hold rating on EOG Resources (EOGResearch Report), with a price target of $149.00. The company’s shares opened today at $124.50.

McDermott covers the Utilities sector, focusing on stocks such as Chevron, Diamondback, and Conocophillips. According to TipRanks, McDermott has an average return of 13.1% and a 58.72% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for EOG Resources with a $150.07 average price target.

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The company has a one-year high of $144.88 and a one-year low of $61.54. Currently, EOG Resources has an average volume of 4.27M.

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Incorporated in 1985 and based in Texas, EOG Resources, Inc. is engaged in the exploration, development, production and marketing of crude oil and natural gas and natural gas liquids. It operates in the United States, Trinidad and Tobago, China and Canada.

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