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Benzinga
Benzinga
Business
Lekha Gupta

Magnolia Oil & Gas Gets Upgrade On Strong Finances, Brighter Oil Outlook

Oil Magnolia Magnolia Oil Gas
Crude,Oil,Pump,Jack,At,Oilfield,On,Sunset,Backround.,Fossil

Energy markets are poised for a shake-up as analysts predict a pivotal shift in global oil dynamics by 2026. Keybanc analyst Tim Rezvan upgraded Magnolia Oil & Gas Corporation (NYSE:MGY) to Overweight from Sector Weight and announced a price target of $29.

Bullish Stance

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