Susquehanna Maintains Positive on Magnolia Oil & Gas, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Magnolia Oil & Gas (MGY) and raises the price target from $28 to $31.
April 22, 2024 | 11:46 am
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POSITIVE IMPACT
Susquehanna maintains a Positive rating on Magnolia Oil & Gas and increases the price target from $28 to $31.
The increase in price target by a reputable analyst like Biju Perincheril from Susquehanna signals a strong confidence in Magnolia Oil & Gas's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in MGY's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100