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News 2026-07-10 15:05 UTC

Magnolia Oil & Gas price target lowered to $29 from $32 at Citi

Citi lowered the firm's price target on Magnolia Oil & Gas to $29 from $32 and keeps a Neutral rating on the shares. The firm updated its model with revised estimates into earnings, resulting in discretionary cash flow of roughly $331M versus consensus for about $320M with the difference predominantly driven by the fir