EOG Resources (EOG -1.2%) is upgraded to Outperform from Neutral with a $142 target price at...

|About: EOG Resources, Inc. (EOG)|By:, SA News Editor

EOG Resources (EOG -1.2%) is upgraded to Outperform from Neutral with a $142 target price at Baird, which notes EOG posted another strong quarter and again increased 2012 production growth targets. Multiple potential catalysts include 2013 guidance, EFS/Bakken downspacing results, Bakken secondary recovery results, initial TMS results, and potential "return cash" to shareholders.