What Analysts Are Saying About Magnolia Oil & Gas Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided a range of ratings for Magnolia Oil & Gas (NYSE:MGY) over the past three months, with a mix of bullish, neutral, and bearish sentiments. The average 12-month price target has increased by 9.96% to $28.25. Recent analyst actions include several rating upgrades and increased price targets.
May 31, 2024 | 4:01 pm
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Analysts have mixed ratings for Magnolia Oil & Gas (NYSE:MGY) with an average 12-month price target of $28.25, up 9.96% from the previous target. Recent upgrades and increased price targets indicate a positive sentiment shift.
The increase in the average price target and several rating upgrades suggest a positive outlook for MGY. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100