Morgan Stanley Remains a Sell on Northern Oil And Gas (NOG)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Devin McDermott maintained a Sell rating on Northern Oil And Gas (NOG) with a $25 price target, citing energy sector focus. This contrasts with the broader market consensus, which holds a Moderate Buy rating and an average price target of $29 for NOG.
In a report released today, Devin McDermott from Morgan Stanley maintained a Sell rating on Northern Oil And Gas, with a price target of $25.00.
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McDermott covers the Energy sector, focusing on stocks such as Comstock Resources, Devon Energy, and Chevron. According to TipRanks, McDermott has an average return of 9.7% and a 58.75% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northern Oil And Gas with a $29.00 average price target.