Citi analyst Paul Diamond lowered the firm’s price target on Northern Oil and Gas to $50 from $55 and keeps a Buy rating on the shares. The company’s Q1 came in moderately above consensus estimates, driven by production above expectations and strong natural gas realizations, the analyst tells investors in a research note.
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Read More on NOG:
- Northern Oil and Gas reports Q1 adjusted EPS $1.28, consensus $1.19
- Northern Oil And Gas (NOG) Q1 Earnings Cheat Sheet
- Northern Oil and Gas price target raised to $55 from $54 at Stifel
- Northern Oil and Gas price target raised to $42 from $38 at Piper Sandler
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