Piper Sandler Maintains Overweight on EOG Resources, Raises Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear has maintained an Overweight rating on EOG Resources (NYSE:EOG) and increased the price target from $157 to $158.
November 16, 2023 | 3:33 pm
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Piper Sandler has reaffirmed its Overweight rating on EOG Resources and raised the price target by $1 to $158.
The increase in price target by Piper Sandler suggests a positive outlook on EOG Resources, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Overweight rating indicates that the analyst believes EOG will outperform the market or its sector, which could further encourage investment in the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100