Mizuho Downgrades Magnolia Oil & Gas to Neutral
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Nitin Kumar has downgraded Magnolia Oil & Gas (NYSE:MGY) from Buy to Neutral.
August 16, 2023 | 9:56 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Magnolia Oil & Gas has been downgraded from Buy to Neutral by Mizuho analyst Nitin Kumar.
The downgrade from Buy to Neutral by a Mizuho analyst indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100