EOG Maintained by Citigroup -- Price Target Raised to $150
gurufocus.com · 2026-08-27
EOG Resources Analyst Rating Update - September 29, 2023 On September 29, 2023, Citigroup maintained a Neutral rating on EOG Resources (EOG), raising the pri
TickrTrends take: Citigroup's price target of $150 for EOG Resources represents confidence in the energy company's fundamentals at current levels. Given TickrTrends' assessment that EOG is fairly valued, investors monitoring the stock should observe whether the company's operational performance and cash generation can support movement toward that target, particularly in an Energy sector where commodity price volatility significantly influences valuation metrics. The maintained rating alongside the raised price target suggests the analyst sees upside potential without a change in fundamental conviction.
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