RBC Capital Reiterates Outperform on Northern Oil & Gas, Maintains $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Northern Oil & Gas (NYSE:NOG) and maintained a $46 price target.
February 20, 2024 | 3:37 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $46 price target on Northern Oil & Gas.
The reiteration of an Outperform rating and maintenance of a $46 price target by a reputable analyst like Scott Hanold from RBC Capital could instill confidence among investors and potentially lead to a positive short-term impact on NOG's stock price. Analyst ratings and price targets are significant indicators for investors, often influencing stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100