Mizuho Maintains Buy on EOG Resources, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vincent Lovaglio has maintained a Buy rating on EOG Resources (NYSE:EOG) but has reduced the price target from $158 to $150.
November 15, 2023 | 6:04 pm
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NEUTRAL IMPACT
Mizuho analyst Vincent Lovaglio maintains a Buy rating on EOG Resources but lowers the price target from $158 to $150.
While the reduction in price target could suggest a slightly less optimistic outlook for EOG Resources, the maintenance of a Buy rating indicates that the overall sentiment remains positive. This mixed signal could lead to a neutral short-term impact on the stock price as investors digest both the continued endorsement and the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100