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Fly News Breaks for March 2, 2020
Mar 2, 2020 | 09:35 EDT
SunTrust analyst Neal Dingmann lowered the firm's price target on EOG Resources to $90 from $110 but keeps a Buy rating on the shares. The analyst notes that the stock has fallen to a 7-year low, but he sees that valuation as "unjustifiable" despite the challenging macro backdrop given its free cash flow and capital flexibility that give the company options "through multiple commodity prices".
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