Jefferies Boosts Numbers on EOG Resources (EOG)

April 17, 2012 8:20 AM EDT
Get Alerts EOG Hot Sheet
Price: $153.05 +0.57%

Rating Summary:
    29 Buy, 25 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Jefferies raised estimates and its price target on EOG Resources (NYSE: EOG) from $131 to $135 after updating NAVs and estimates on higher oil price deck. The firm is revising long-term WTI assumption to $95/bbl from $85 .

Q1 EPS goes from $1.08 to $1.14, FY12 EPS from $4.50 to $4.85 and FY13 EPS form $3.85 to $4.85.

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 $102.77 yesterday.


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