UBS Maintains Buy on EOG Resources, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Buy rating on EOG Resources (NYSE:EOG) but has reduced the price target from $165 to $145.

December 14, 2023 | 4:35 pm
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NEUTRAL IMPACT
UBS analyst Josh Silverstein maintains a Buy rating on EOG Resources but lowers the price target from $165 to $145.
The reduction in price target by UBS may cause some investors to adjust their valuation models for EOG Resources, potentially leading to short-term price fluctuations. However, the maintenance of a Buy rating suggests that the overall outlook for the company remains positive, which could mitigate any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100