Morgan Stanley Maintains Overweight on EOG Resources, Raises Price Target to $134
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on EOG Resources (NYSE:EOG) and increased the price target from $132 to $134.
November 29, 2023 | 3:20 pm
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Morgan Stanley analyst Devin McDermott reaffirmed an Overweight rating on EOG Resources and raised the price target to $134, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Devin McDermott suggests a bullish view on EOG Resources' future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 80
RELEVANCE 100