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Fly News Breaks for November 8, 2019
EOG
Nov 8, 2019 | 08:01 EDT
SunTrust analyst Neal Dingmann raised his price target on EOG Resources to $80 after its "solid" Q3 results with forward expectations that the company can continue to target double-digit production growth and moderate shareholder returns. The analyst still keeps his Hold rating on the stock given its "premium valuation" and uncertainty whether EOG Resources' 2020 spending can remain "relatively flat" while producing expected growth and free cash flows.
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