RBC Capital Maintains Outperform on Northern Oil & Gas, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold maintains an 'Outperform' rating on Northern Oil & Gas (NYSE:NOG) and raises the price target from $42 to $46.
August 24, 2023 | 4:20 pm
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RBC Capital maintains an 'Outperform' rating on Northern Oil & Gas and raises the price target from $42 to $46. This could potentially lead to an increase in the stock's price.
The 'Outperform' rating indicates that the analyst expects the stock to do better than the market average. The increase in the price target from $42 to $46 suggests that the analyst sees more upside potential in the stock, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100