Jefferies Maintains Buy on Northern Oil & Gas, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne has maintained a Buy rating on Northern Oil & Gas (NOG) and increased the price target from $45 to $51.
March 21, 2024 | 12:12 pm
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Jefferies has maintained a Buy rating on Northern Oil & Gas and raised the price target from $45 to $51.
The upgrade in the price target by a reputable analyst firm like Jefferies usually signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100