Piper Sandler Maintains Neutral on Magnolia Oil & Gas, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains a Neutral rating on Magnolia Oil & Gas (NYSE:MGY) and lowers the price target from $29 to $26.
August 15, 2024 | 11:33 am
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Piper Sandler analyst Mark Lear maintains a Neutral rating on Magnolia Oil & Gas (NYSE:MGY) and lowers the price target from $29 to $26.
The lowered price target from $29 to $26 suggests a less optimistic outlook for Magnolia Oil & Gas, which could negatively impact investor sentiment and the stock price in the short term.
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