Check Out What Whales Are Doing With EOG
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on EOG Resources (NYSE:EOG) by a large investor or institution, as evidenced by unusual options trading activity. The sentiment among these big-money traders is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $36.2 to $165.0 for EOG Resources over the last 3 months. Several financial institutions have maintained their positive ratings on EOG Resources, with price targets ranging from $132 to $165.
October 13, 2023 | 6:17 pm
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EOG Resources has seen significant bullish options trading activity, indicating a potential positive short-term impact on the stock. Several financial institutions have maintained their positive ratings on the company.
The unusual options trading activity indicates that a large investor or institution is taking a bullish stance on EOG Resources, which could drive the stock price up in the short term. Additionally, the positive ratings from several financial institutions further support this potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100