Check Out What Whales Are Doing With EOG
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on EOG Resources (NYSE:EOG), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $55.0 to $134.2 for EOG Resources over the last 3 months. The price of EOG is currently down -2.39% at $122.5. Citigroup, Wells Fargo, Jefferies, and Mizuho have all maintained their Buy or Overweight ratings on EOG Resources, with price targets ranging from $144 to $157.
September 21, 2023 | 8:02 pm
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POSITIVE IMPACT
EOG Resources has seen a mix of bullish and bearish trades, with a whale investor targeting a price range of $55.0 to $134.2. Major banks maintain positive ratings, suggesting potential upside.
The bullish stance of a whale investor, combined with the maintained Buy/Overweight ratings from major banks, suggests potential upside for EOG Resources. However, the fact that 50% of investors opened trades with bearish expectations introduces some uncertainty.
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IMPORTANCE 80
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