Where EOG Resources Stands With Analysts
Portfolio Pulse from Benzinga Insights
EOG Resources (NYSE:EOG) has received mostly bullish ratings from analysts in the last quarter, with 9 bullish, 5 somewhat bullish, and 1 indifferent rating. The company's average price target has increased by 2.96% from the previous average, now standing at $148.6. Analysts determine these ratings based on the company's predicted future earnings and the predictability of its revenue streams.
September 20, 2023 | 4:00 pm
News sentiment analysis
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POSITIVE IMPACT
EOG Resources has received mostly positive ratings from analysts, which could boost investor confidence and potentially lead to a short-term increase in the stock price.
Analyst ratings often influence investor sentiment. The predominantly bullish ratings for EOG Resources indicate a positive outlook for the company, which could lead to increased demand for the stock and a potential rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100