Truist Securities Maintains Buy on Magnolia Oil & Gas, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Magnolia Oil & Gas and increased the price target from $31 to $33.
November 01, 2024 | 2:50 pm
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Truist Securities has reaffirmed its Buy rating on Magnolia Oil & Gas and increased the price target from $31 to $33, indicating a positive outlook.
The increase in the price target from $31 to $33 by Truist Securities suggests a positive outlook for Magnolia Oil & Gas, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100