Bank of America Securities Keeps Their Buy Rating on Northern Oil And Gas (NOG)
In a report released today, Noah Hungness from Bank of America Securities maintained a Buy rating on Northern Oil And Gas, with a price target of $28.00.
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According to TipRanks, Hungness is a 3-star analyst with an average return of 5.5% and a 64.62% success rate. Hungness covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Matador Resources, and Kimbell Royalty Partners.
In addition to Bank of America Securities, Northern Oil And Gas also received a Buy from TR | OpenAI – 4o’s Grant Digwell in a report issued on December 9. However, today, Mizuho Securities maintained a Hold rating on Northern Oil And Gas (NYSE: NOG).
Based on Northern Oil And Gas’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $485.87 million and a GAAP net loss of $129.07 million. In comparison, last year the company earned a revenue of $515.49 million and had a net profit of $298.45 million
Read More on NOG:
Disclaimer & DisclosureReport an Issue
- Northern Oil and Gas price target raised to $28 from $27 at BofA
- Northern Oil and Gas price target raised to $30 from $28 at Mizuho
- Antero Resources price target raised to $48 from $44 at Morgan Stanley
- Strategic Growth Potential and Acquisition Synergies Drive Buy Rating for Northern Oil and Gas
- Northern Oil and Gas Acquires Antero Assets for Growth
