Citigroup Maintains Neutral on EOG Resources, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on EOG Resources (NYSE:EOG) and raises the price target from $124 to $130.
May 24, 2024 | 3:55 pm
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Citigroup analyst Scott Gruber maintains a Neutral rating on EOG Resources and raises the price target from $124 to $130.
The raised price target from $124 to $130 indicates a positive outlook on EOG Resources' future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
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