RBC Capital Reiterates Outperform Rating on Northern Oil and Gas (NOG)

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Go back to RBC Capital Reiterates Outperform Rating on Northern Oil and Gas (NOG)

Northern Oil and Gas (NOG) PT Raised to $57 at Truist Securities

July 1, 2024 7:05 AM EDT

(Updated - July 1, 2024 7:06 AM EDT)

Truist Securities analyst Neal Dingmann raised the price target on Northern Oil and Gas (NYSE: NOG) to $57.00 (from $56.00) while maintaining a Buy rating.

The analyst commented: "Northern announced a $510MM strategic JV with SM Energy (SM, Hold) that we estimate could payback in... More