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

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