UBS raised the firm’s price target on EOG Resources (EOG) to $140 from $135 and keeps a Buy rating on the shares. Utica is becoming a core play following the Encino deal, the analyst tells investors in a research note.
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Read More on EOG:
- EOG Resources price target raised to $158 from $148 at Raymond James
- EOG Resources price target raised to $135 from $132 at Morgan Stanley
- EOG Resources’ Strategic Acquisition and Valuation Concerns: Analyst Maintains Hold Rating
- EOG Resources price target raised to $140 from $137 at Barclays
- EOG Resources’ Strategic Acquisition of Encino Acquisition Partners: A Transformative Move in the Utica Shale
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