Northland raises Mach Natural Resources price target to $19 from $17
The higher target is a notable bullish analyst signal, but it does not establish that the shares will reach the target.
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The higher target is a notable bullish analyst signal, but it does not establish that the shares will reach the target.
What happened, with direct paths to the underlying reporting
Northland raised its MNR target by about 12% to $19, well above the posted price of $10.81. This is a bullish analyst revision, though targets are opinions.
Target: $19
Posted price: $10.81
Analyst firm: Northland Securities
Analyst: Jeff Grampp
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