Jefferies raises EOG Resources stock price target on cost progress
Investing.com
Jefferies has increased its price target for EOG Resources Inc. to $185 from $175, maintaining a Buy rating, citing expected cost progress and higher-than-consensus cash flow per share driven by strong production. The firm anticipates EOG Resources to report cash flow per share of $8.20 and projects flat year-over-year budget for 2027 with modest growth. This positive outlook is supported by 11 analysts revising earnings upwards and the company's "GREAT" financial health score, despite previous
Read the full story
This is a short summary. The complete article is published by Investing.com.
Headline and summary aggregated from public news feeds. For information only — not financial advice.