Morgan Stanley Maintains Overweight on EOG Resources, Raises Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on EOG Resources (NYSE:EOG) and raised the price target from $125 to $129.
August 18, 2023 | 1:14 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on EOG Resources and raised the price target from $125 to $129, which could positively impact the stock.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for EOG Resources. The increase in price target from $125 to $129 suggests that the analyst sees potential for the stock's price to rise, which could lead to a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100