Susquehanna raised the firm’s price target on EOG Resources (EOG) to $170 from $161 and keeps a Positive rating on the shares. The firm, which is updating estimates and price targets before Q3 earnings for its E&P coverage, is lowering its Q4 WTI price assumption to $62.50 per barrel, while maintaining its 2026 assumption at $65 per barrel.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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 $141 at Morgan Stanley
- EOG Resources price target lowered to $144 from $147 at Jefferies
- 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
