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Analysts Offer Insights on NA Companies: Magnolia Oil & Gas (MGY) and Dragonfly Energy Holdings Corp (DFLI)

There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on Magnolia Oil & Gas (MGYResearch Report) and Dragonfly Energy Holdings Corp (DFLIResearch Report) with bullish sentiments.

Magnolia Oil & Gas (MGY)

Goldman Sachs analyst Umang Choudhary maintained a Buy rating on Magnolia Oil & Gas today. The company’s shares closed last Wednesday at $23.05.

According to TipRanks.com, Choudhary is a 5-star analyst with an average return of 41.4% and a 75.0% success rate. Choudhary covers the NA sector, focusing on stocks such as Southwestern Energy, Antero Resources, and Marathon Oil.

Magnolia Oil & Gas has an analyst consensus of Moderate Buy, with a price target consensus of $27.83, representing a 19.0% upside. In a report issued on September 6, Truist Financial also maintained a Buy rating on the stock with a $29.00 price target.

See today’s best-performing stocks on TipRanks >>

Dragonfly Energy Holdings Corp (DFLI)

In a report released today, Craig Irwin from Roth MKM initiated coverage with a Buy rating on Dragonfly Energy Holdings Corp and a price target of $4.00. The company’s shares closed last Wednesday at $1.68, close to its 52-week low of $1.38.

According to TipRanks.com, Irwin is a 4-star analyst with an average return of 6.6% and a 44.7% success rate. Irwin covers the Technology sector, focusing on stocks such as ChargePoint Holdings, Amtech Systems, and Wolfspeed.

Currently, the analyst consensus on Dragonfly Energy Holdings Corp is a Strong Buy with an average price target of $3.67.

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