Stifel Maintains Buy on EOG Resources, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield maintains a Buy rating on EOG Resources (EOG) but lowers the price target from $153 to $150.

April 23, 2024 | 5:04 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on EOG Resources but lowers the price target from $153 to $150.
The adjustment in price target by Stifel reflects a slight change in valuation perspective, possibly due to market conditions or company performance. However, maintaining a Buy rating indicates a positive outlook on the company's future performance. The impact on the stock price is likely neutral in the short term as the reduction in the price target is minimal and the Buy rating is reaffirmed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100