Truist Securities Maintains Buy on EOG Resources, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on EOG Resources (NYSE:EOG) but lowers the price target from $165 to $163.
April 05, 2024 | 5:22 pm
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Truist Securities maintains a Buy rating on EOG Resources but lowers the price target from $165 to $163.
The adjustment in price target by Truist Securities from $165 to $163, while maintaining a Buy rating, suggests a slight recalibration of expectations rather than a fundamental shift in the company's outlook. This could lead to a neutral short-term impact on EOG's stock price as the market digests the minor adjustment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100