Truist Securities Maintains Hold on EOG Resources, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on EOG Resources while lowering the price target from $130 to $115, indicating a more cautious outlook on the stock.
September 30, 2024 | 2:24 pm
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Truist Securities has maintained a Hold rating on EOG Resources and lowered the price target from $130 to $115, suggesting a more cautious outlook on the stock.
The lowering of the price target from $130 to $115 by Truist Securities indicates a less optimistic view on EOG Resources' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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