Analyst Expectations For Magnolia Oil & Gas's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed evaluations for Magnolia Oil & Gas (NYSE:MGY) over the past three months, with a range of ratings from bullish to indifferent. The average 12-month price target has increased to $30.5, with a high estimate of $35.00 and a low estimate of $28.00. Recent analyst actions include rating upgrades and increased price targets.
July 18, 2024 | 4:00 pm
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Analysts have mixed views on Magnolia Oil & Gas, with recent upgrades and increased price targets indicating a positive sentiment. The average 12-month price target has risen to $30.5.
The increase in the average 12-month price target and recent upgrades by analysts suggest a positive outlook for Magnolia Oil & Gas. This could lead to a short-term increase in the stock price as investor sentiment improves.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100