EOG Resources (NYSE:EOG) Price Target Raised to $153.00

Truist Financial raised its price target for EOG Resources (NYSE:EOG) to $153 from $134, maintaining a "hold" rating, suggesting a 12% upside. This adjustment follows EOG's strong quarterly performance, where it surpassed EPS and revenue expectations, driven by a 57.4% year-over-year revenue increase and a 25.44% net margin. The company currently holds a "Moderate Buy" consensus rating among analysts, with an average target price of $156.32.