Truist Securities Maintains Buy on Magnolia Oil & Gas, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Magnolia Oil & Gas (NYSE:MGY) and raised the price target from $33 to $35.
May 31, 2024 | 1:03 pm
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Truist Securities has maintained its Buy rating on Magnolia Oil & Gas and raised the price target from $33 to $35, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from Truist Securities suggest positive sentiment and confidence in Magnolia Oil & Gas's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100