Keybanc Maintains Overweight on EOG Resources, Lowers Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Tim Rezvan has maintained an Overweight rating on EOG Resources (NYSE:EOG) but has reduced the price target from $157 to $147. This adjustment reflects a more conservative valuation of EOG's stock by Keybanc.
January 11, 2024 | 9:38 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Keybanc analyst Tim Rezvan maintains an Overweight rating on EOG Resources but lowers the price target from $157 to $147, indicating a potential decrease in stock valuation.
The reduction in price target by Keybanc suggests a more conservative outlook on EOG Resources' stock value, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100