EOG Resources (EOG) PT Raised to $119 at Argus
Get Alerts EOG Hot Sheet
Price: $132.40 -0.42%
Rating Summary:
29 Buy, 22 Hold, 1 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 19
Rating Summary:
29 Buy, 22 Hold, 1 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 19
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Argus reiterated a Buy rating and raised its price target on EOG Resources (NYSE: EOG) to $119.00 (from $105.00).
"Despite volatile crude oil prices, EOG management has continued to focus on improving returns on invested capital, strengthening well performance, reducing costs, and maintaining a strong balance sheet," the analsyt commented.
The firm is raising 2017 earnings estimate to $0.58 from $0.53.
For an analyst ratings summary and ratings history on EOG Resources click here. For more ratings news on EOG Resources click here.
Shares of EOG Resources closed at $102.03 yesterday.
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