Morgan Stanley Maintains Equal-Weight on EOG Resources, Raises Price Target to $133
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 $132 to $133.
April 15, 2024 | 4:20 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on EOG Resources and raises the price target to $133.
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 maintenance of an Equal-Weight rating indicates a neutral long-term view, but the price target adjustment reflects a slight optimism.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100