Piper Sandler Maintains Overweight on Northern Oil & Gas, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Northern Oil & Gas (NYSE:NOG) but lowers the price target from $50 to $47.
May 18, 2023 | 1:02 pm
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Piper Sandler maintains an Overweight rating on Northern Oil & Gas (NYSE:NOG) and lowers the price target from $50 to $47.
The news of Piper Sandler maintaining an Overweight rating on Northern Oil & Gas (NYSE:NOG) is positive for the company. However, the lowering of the price target from $50 to $47 may have a neutral impact on the stock price in the short term, as it still indicates a positive outlook for the company but with a slightly lower target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100