TD Securities lowered the firm’s price target on EOG Resources to $130 from $135 and keeps a Hold rating on the shares post the Q4 report. The company’s 2024 guidance is largely in line with consensus and signals ongoing volume growth discipline, the analyst tells investors in a research note. The firm consider the shares relatively fully valued.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on EOG:
- EOG Resources Unveils Q4 Results and 2024 Forecasts
- EOG Resources Reports Fourth Quarter and Full-Year 2023 Results; Announces 2024 Capital Plan
- Is EOG a Buy, Before Earnings?
- EOG Resources (NYSE:EOG): Likely to Report Strong Earnings. How to Profit with Options
- EOG Resources price target lowered to $147 from $164 at Susquehanna