Northern Oil & Gas Reaches Analyst Target Price
February 13, 2017 at 09:17 AM EST
In recent trading, shares of Northern Oil & Gas Inc (NOG) have crossed above the average analyst 12-month target price of $3.20, changing hands for $3.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..