JP Morgan Maintains Overweight on EOG Resources, Raises Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains an Overweight rating on EOG Resources and raises the price target from $145 to $156.
September 27, 2023 | 3:32 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on EOG Resources and raises the price target from $145 to $156, which could lead to a positive market reaction.
The raised price target by JP Morgan indicates a positive outlook for EOG Resources. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100