Citigroup Maintains Buy on Northern Oil & Gas, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a 'Buy' rating on Northern Oil & Gas (NYSE:NOG) and raises the price target from $45 to $50.
August 09, 2023 | 4:38 pm
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POSITIVE IMPACT
Citigroup maintains a 'Buy' rating on Northern Oil & Gas and raises the price target from $45 to $50, which could lead to a positive market reaction.
The raised price target by Citigroup indicates a positive outlook for Northern Oil & Gas. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100