Analysts have been eager to weigh in on the Energy sector with new ratings on Magnolia Oil & Gas (MGY – Research Report) and Energy Transfer (ET – Research Report).
Magnolia Oil & Gas (MGY)
Mizuho Securities analyst Nitin Kumar CFA maintained a Hold rating on Magnolia Oil & Gas on February 14 and set a price target of $24.00. The company’s shares closed last Friday at $21.42.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Magnolia Oil & Gas has an analyst consensus of Moderate Buy, with a price target consensus of $24.94, implying a 15.9% upside from current levels. In a report issued on February 14, Wells Fargo also maintained a Hold rating on the stock with a $21.00 price target.
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Energy Transfer (ET)
In a report issued on February 14, Gabe Moreen from Mizuho Securities maintained a Buy rating on Energy Transfer, with a price target of $18.00. The company’s shares closed last Friday at $14.55, close to its 52-week high of $14.65.
According to TipRanks.com, Moreen is a 5-star analyst with an average return of
Currently, the analyst consensus on Energy Transfer is a Strong Buy with an average price target of $18.71, representing a 29.9% upside. In a report issued on February 6, RBC Capital also maintained a Buy rating on the stock with a $19.00 price target.
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