Check Out What Whales Are Doing With EOG
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on EOG Resources (NYSE:EOG) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 90% bearish, with 10 puts and 1 call spotted. The targeted price range for EOG Resources over the last 3 months is from $130.0 to $140.0. Despite this, several financial institutions have maintained their positive ratings on EOG Resources, with price targets ranging from $140 to $160.
August 07, 2023 | 2:46 pm
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A large investor has taken a bearish stance on EOG Resources, with a 90% bearish sentiment in options. However, several financial institutions have maintained their positive ratings on the company, with price targets ranging from $140 to $160.
The bearish sentiment in options indicates a potential short-term decrease in EOG's stock price. However, the positive ratings from financial institutions suggest a longer-term positive outlook. The impact score is -1 due to the short-term bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100