Jefferies lowered the firm’s price target on EOG Resources (EOG) to $144 from $147 and keeps a Buy rating on the shares as part of a Q3 earnings preview. The firm sees an in-line quarter for EOG with a focus on the company’s productivity and international spend. EOG’s productivity should improve into year-end as laterals revert, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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 lowered to $136 from $140 at Barclays
- Insider Moves: Cassava, Lithium Americas, EOG, Seagate, Pure Storage
- EOG Resources put volume heavy and directionally bearish
- CarMax downgraded, Kenvue upgraded: Wall Street’s top analyst calls
- Scotiabank downgrades EOG to Sector Perform on ‘rich’ valuation