JP Morgan Upgrades EOG Resources to Overweight, Raises Price Target to $156
JP Morgan analyst Arun Jayaram upgrades EOG Resources (NYSE:EOG) from Neutral to Overweight and raises the price target from $152 to $156.
If You Invested $1000 In This Stock 20 Years Ago, You Would Have $14,000 Today
EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 6.38% on an annualized basis producing an average annual return of 13.9%. Currently, EOG Resources has a market capitalization of $69.94 billion.
What 15 Analyst Ratings Have To Say About EOG Resources
Within the last quarter, EOG Resources (NYSE:EOG) has observed the following analyst ratings:
Expert Ratings for EOG Resources
Over the past 3 months, 15 analysts have published their opinion on EOG Resources (NYSE:EOG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
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Morgan Stanley Maintains Equal-Weight on EOG Resources, Lowers Price Target to $149
Morgan Stanley analyst Devin McDermott maintains EOG Resources (NYSE:EOG) with a Equal-Weight and lowers the price target from $151 to $149.
MKM Partners Maintains Buy on EOG Resources, Raises Price Target to $130
MKM Partners analyst Leo Mariani maintains EOG Resources (NYSE:EOG) with a Buy and raises the price target from $122 to $130.
Ominous Death Cross Forms On EOG Resources’s Chart
If history is any guide, there may be trouble ahead for shares of EOG Resources (NYSE:EOG). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
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