Piper Sandler raised the firm’s price target on EOG Resources to $154 from $153 and keeps an Overweight rating on the shares. The firm notes that overall, strong results from the group were somewhat offset by weaker crude pricing as Mideast ceasefire talks reversed the bulk of the geopolitical risk premium Piper had gotten heading into the prints.
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 $156 from $140 at Mizuho
- EOG Resources’ Hedging Tactics: Navigating Commodity Price Fluctuations for a $184 Million Net Asset Impact
- EOG Resources Inc Reported Earnings. Did it Beat Estimates?
- EOG Resources Unveils Q1 2024 Performance and Outlook
- EOG Resources Reports First Quarter 2024 Results