Citi raised the firm’s price target on Magnolia Oil & Gas to $22 from $18 and keeps a Sell rating on the shares. The analyst cites current underlying commodity pricing fundamentals for the target increase ahead of the company’s’ Q1 report.
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Read More on MGY:
- Magnolia Oil & Gas price target raised to $26 from $24 at Mizuho
- S&P announces changes to S&P 600 index at open on 3/18
- Magnolia Oil & Gas price target raised to $23 from $21 at Wells Fargo
- Magnolia Oil & Gas initiated with a Buy at BofA
- Magnolia Oil & Gas price target raised to $33 from $32 at Truist
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