Truist Securities Maintains Buy on Northern Oil & Gas, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Northern Oil & Gas (NYSE:NOG), but lowered the price target from $60 to $53.
July 24, 2023 | 12:00 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on Northern Oil & Gas, but lowered the price target from $60 to $53. This could potentially impact the stock's performance.
The 'Buy' rating maintained by Truist Securities indicates a positive outlook for Northern Oil & Gas. However, the lowering of the price target from $60 to $53 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100