Piper Sandler raised the firm’s price target on Northern Oil and Gas to $43 from $42 and keeps a Neutral rating on the shares. The firm notes that overall, strong results from the group were somewhat offset by weaker crude pricing as Mideast ceasefire talks reversed the bulk of the geopolitical risk premium Piper had gotten heading into the prints.
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Read More on NOG:
- Northern Oil and Gas price target lowered to $50 from $55 at Citi
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- 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
