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Goldman Sachs Downgrades EOG Resources (EOG) to Neutral

November 9, 2009 7:07 AM EST
EOG Hot Sheet
Rating Summary:
    14 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 11 | New: 38
Goldman Sachs downgrades EOG Resources Inc. (NYSE: EOG) from Buy to Neutral, saying recent outperformance leave less upside. The firm lifted their price target from $101 to $108.

The firm revised their 2009-11 EPS to $3.17/$5.09/$9.99 from $3.15/$4.38/$8.32.

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