Susquehanna Maintains Positive on Magnolia Oil & Gas, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Magnolia Oil & Gas but lowers the price target from $33 to $32.
September 04, 2024 | 1:59 pm
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NEUTRAL IMPACT
Susquehanna maintains a Positive rating on Magnolia Oil & Gas but lowers the price target from $33 to $32, indicating a slight adjustment in expectations.
The analyst's decision to maintain a Positive rating suggests continued confidence in the company's performance. However, the slight reduction in the price target from $33 to $32 indicates a minor adjustment in expectations, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100