Mizuho Maintains Neutral on Magnolia Oil & Gas, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Magnolia Oil & Gas (NYSE:MGY) and raised the price target from $25 to $26.
September 06, 2023 | 5:40 pm
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NEUTRAL IMPACT
Mizuho has maintained a Neutral rating on Magnolia Oil & Gas and raised the price target from $25 to $26.
The news is directly about Magnolia Oil & Gas (MGY). Mizuho's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $25 to $26 suggests a slightly positive outlook. The impact on the stock price is likely to be neutral to slightly positive in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100