Citi raised the firm’s price target on EOG Resources (EOG) to $134 from $127 and keeps a Neutral rating on the shares. The firm updated models in the oil and gas exploration and production group following the Q3 reports. It sees opportunities for continuation of recent efficiency improvement trends, potential upside to known synergy capture and efforts to improve longer term gas monetization.
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>>
Read More on EOG:
- EOG Resources price target raised to $139 from $132 at Morgan Stanley
- EOG Resources price target raised to $167 from $156 at Raymond James
- EOG Resources price target raised to $147 from $135 at Wells Fargo
- How to Possibly Earn a Huge 158% Payout with EOG Stock Call Spreads
- Roku, Robinhood upgraded: Wall Street’s top analyst calls