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Fly News Breaks for January 21, 2020
Jan 21, 2020 | 07:22 EDT
SunTrust analyst Neal Dingmann upgraded EOG Resources to Buy from Hold with a price target of $110, up from $80. The analyst contends that the company will have the highest combination of production growth and free cash flow yields out of any large E&P in 2020-2021 and sees its superior metrics as sustainable. Dingmann further points to EOG Resources future upside potential given its "best organic leasing opportunities ever".
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