JP Morgan Maintains Neutral on EOG Resources, Raises Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains a Neutral rating on EOG Resources (NYSE:EOG) and raises the price target from $134 to $141.
March 28, 2024 | 11:59 am
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JP Morgan analyst Arun Jayaram maintains a Neutral rating on EOG Resources and raises the price target from $134 to $141.
The increase in the price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100