Magnolia Oil & Gas raised to Buy at Truist on upbeat view of WildFire acquisition (MGY:NYSE)


Oil and gas industry. Oil pump oil rig energy industrial machine for petroleum in the sunset background, Increase in oil production

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Magnolia Oil & Gas (MGY) down 1.8% in Tuesday’s trading despite receiving an upgrade to Buy from Hold with a $33 price target at Bank of America, with energy shares moving broadly lower as U.S. crude oil futures slide below $80/bbl.



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