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Morgan Stanley Sticks to Its Sell Rating for Northern Oil And Gas (NOG)
In a report released today, Devin McDermott from Morgan Stanley maintained a Sell rating on Northern Oil And Gas, with a price target of $26.00. The company’s shares closed yesterday at $23.13.
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According to TipRanks, McDermott is a 5-star analyst with an average return of 10.2% and a 58.61% success rate. McDermott covers the Energy sector, focusing on stocks such as Civitas Resources, Chevron, and Comstock Resources.
Northern Oil And Gas has an analyst consensus of Moderate Buy, with a price target consensus of $29.88.
NOG market cap is currently $2.15B and has a P/E ratio of 3.63.
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