Mizuho analyst Nitin Kumar lowered the firm’s price target on EOG Resources to $150 from $158 and keeps a Buy rating on the shares post the Q3 report. The analyst cites modest changes to well-level economics and inventory assumptions for the target drop.
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Read More on EOG:
- EOG Resources price target raised to $169 from $165 at Truist
- EOG Resources reports Q3 adjusted EPS $3.44, consensus $2.99
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- EOG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- EOG Resources downgraded to Neutral from Buy at Citi
