Raymond James raised the firm’s price target on Northern Oil and Gas (NOG) to $36 from $35 and keeps a Strong Buy rating on the shares. Northern Oil and Gas posted beats across the board for Q1 due to “impressive” results from the Uinta and solid Appalachian growth, while deferrals and logistical delays from Q4 were resolved, the analyst tells investors in a research note. The valuation remains attractive, the firm says.
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Read More on NOG:
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