Piper Sandler Maintains Overweight on Northern Oil & Gas, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Northern Oil & Gas (NYSE:NOG) and lowers the price target from $47 to $42.
June 13, 2023 | 4:27 pm
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Piper Sandler maintains an Overweight rating on Northern Oil & Gas (NYSE:NOG) and lowers the price target from $47 to $42.
The news directly mentions Northern Oil & Gas (NOG) and the lowered price target by Piper Sandler. While the Overweight rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term as it indicates a lower expected return, but still a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100