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Fly News Breaks for August 10, 2016
EOG
Aug 10, 2016 | 09:48 EDT
Stephens analyst Will Green raised his price target for EOG Resources to $87 from $69 following a "strong" quarter. The analyst believes the company continues to benefit from declining costs and expects it can rely upon its 4,300 "premium" well inventory, which increased 34% since the last update in February. Green reiterates an Equal Weight rating on the shares.