JP Morgan Maintains Neutral on EOG Resources, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains a Neutral rating on EOG Resources and lowers the price target from $143 to $135.
September 12, 2024 | 4:08 pm
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JP Morgan has maintained a Neutral rating on EOG Resources but lowered the price target from $143 to $135, indicating a less optimistic outlook.
The lowering of the price target by JP Morgan suggests a less optimistic view on EOG Resources' future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100