Piper Sandler Maintains Overweight on Magnolia Oil & Gas, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Magnolia Oil & Gas (NYSE:MGY) and lowers the price target from $34 to $33.

May 18, 2023 | 1:04 pm
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Piper Sandler analyst Mark Lear maintains an Overweight rating on Magnolia Oil & Gas and lowers the price target from $34 to $33.
The news of Piper Sandler maintaining an Overweight rating on Magnolia Oil & Gas and lowering the price target from $34 to $33 may not have a significant short-term impact on the stock price. However, it indicates that the analyst still has a positive outlook on the company, which could be beneficial for investors in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100