Wells Fargo Maintains Equal-Weight on EOG Resources, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on EOG Resources but has lowered the price target from $140 to $135.
October 01, 2024 | 6:53 pm
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Wells Fargo has maintained its Equal-Weight rating on EOG Resources but reduced the price target from $140 to $135, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on EOG Resources' future performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100