Morgan Stanley Maintains Equal-Weight on EOG Resources, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on EOG Resources (NYSE:EOG) and increased the price target from $131 to $132.

March 28, 2024 | 6:49 pm
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Morgan Stanley has maintained an Equal-Weight rating on EOG Resources and raised the price target from $131 to $132.
The increase in the price target by Morgan Stanley suggests a positive outlook on EOG Resources, potentially leading to a short-term positive impact on its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector average, but the raised target suggests slight optimism.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100