EOG Resources price target raised to $146 from $140 at Jefferies

Jefferies raised the firm’s price target on EOG Resources (EOG) to $146 from $140 and keeps a Buy rating on the shares following the Q4 report. At revised activity levels, EOG is confident about maintaining similar returns and free cash flow for over 10 years in the Delaware Basin, the analyst tells investors in a research note. The firm says the company “remains a premier operator wit “option value.”