JPMorgan raised the firm’s price target on EOG Resources to $141 from $134 and keeps a Neutral rating on the shares. The company delivered a confident tone on overall execution patterns during its quarterly sell-side call, the analyst tells investors in a research note. “In other words, the message was to trust the guide,” says the firm. It expects a solid start to the year when EOG reports Q1 results.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EOG:
- EOG Resources price target lowered to $153 from $163 at Stifel
- EOG Resources price target raised to $124 from $120 at Citi
- EOG Resources price target lowered to $141 from $153 at Piper Sandler
- EOG Resources price target lowered to $165 from $172 at Truist
- EOG Resources price target lowered to $130 from $135 at TD Securities