This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Energy Names: EQT (EQT) and Northern Oil And Gas (NOG)

Tipranks - Fri May 29, 9:32AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on EQT (EQT) and Northern Oil And Gas (NOG).

Memorial Day Sale – Claim 70% Off TipRanks

EQT (EQT)

In a report released today, Nitin Kumar CFA from Mizuho Securities maintained a Buy rating on EQT, with a price target of $72.00. The company’s shares closed last Thursday at $54.86, close to its 52-week high of $56.66.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 7.2% and a 58.8% success rate. CFA covers the NA sector, focusing on stocks such as California Resources Corp, HF Sinclair Corporation, and Occidental Petroleum. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for EQT with a $70.05 average price target, representing a 26.5% upside. In a report issued on May 19, Barclays also maintained a Buy rating on the stock with a $69.00 price target.

See today’s best-performing stocks on TipRanks >>

Northern Oil And Gas (NOG)

In a report released today, William Janela from Mizuho Securities maintained a Hold rating on Northern Oil And Gas, with a price target of $31.00. The company’s shares closed last Thursday at $21.33.

According to TipRanks.com, Janela is a 4-star analyst with an average return of 9.5% and a 48.1% success rate. Janela covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Magnolia Oil & Gas, and Matador Resources. ;'>

Currently, the analyst consensus on Northern Oil And Gas is a Moderate Buy with an average price target of $33.38, implying a 55.4% upside from current levels. In a report issued on May 13, TipRanks – PerPlexity also downgraded the stock to Hold with a $24.50 price target.

Read More on EQT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.