BofA analyst Noah Hungness lowered the firm’s price target on Northern Oil and Gas (NOG) to $33 from $34 and keeps a Buy rating on the shares. The firm is updating its price targets for U.S. Oil and Gas stocks under its coverage, the analyst tells investors. BofA believes the market is positioned for de-escalation and sees a forward outlook marked by flare-ups and heightened geopolitical risks.
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- Northern Oil and Gas price target raised to $39 from $34 at Citi