Wells Fargo Maintains Equal-Weight on EOG Resources, Raises Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on EOG Resources (NYSE:EOG) and increased the price target from $126 to $129.
March 12, 2024 | 1:51 pm
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Wells Fargo has maintained its Equal-Weight rating on EOG Resources and raised the price target from $126 to $129.
The increase in the price target by Wells Fargo suggests a positive outlook on EOG Resources' stock, potentially leading to a short-term increase in its stock price. The maintenance of an Equal-Weight rating indicates a neutral long-term view, but the raised target is a positive signal.
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IMPORTANCE 75
RELEVANCE 100