Stifel Maintains Buy on EOG Resources, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has reaffirmed a Buy rating on EOG Resources (NYSE:EOG) and increased the price target from $161 to $165.
November 30, 2023 | 7:57 pm
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POSITIVE IMPACT
Stifel analyst Derrick Whitfield maintains a Buy rating on EOG Resources and raises the price target from $161 to $165, indicating a positive outlook on the stock.
The increase in the price target by Stifel suggests a positive sentiment towards EOG Resources' stock performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react positively to analyst upgrades and raised price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100