B of A Securities Maintains Buy on Magnolia Oil & Gas, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Magnolia Oil & Gas (NYSE:MGY) and raised the price target from $28 to $29.
July 23, 2024 | 4:13 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Magnolia Oil & Gas and increased the price target from $28 to $29, indicating confidence in the company's future performance.
The reaffirmation of the Buy rating and the increase in the price target by B of A Securities suggest a positive outlook for Magnolia Oil & Gas. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100