Wells Fargo Reiterates Equal-Weight Rating on Magnolia Oil & Gas Corporation (MGY)

Market Context

Magnolia Oil & Gas Corporation operates in the Energy sector. The stock currently trades at $25.98 with a market capitalization of $4.2B. The stock has gained 9.3% over the past 52 weeks.

Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Magnolia Oil & Gas Corporation.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Magnolia Oil & Gas Corporation

Among the 10 most recent ratings: 5 Buy, 5 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Aug 13, 2026	Wells Fargo	Equal-Weight	N/A
Aug 11, 2026	Susquehanna	Positive	N/A
Aug 11, 2026	Citigroup	Neutral	N/A
Jul 28, 2026	Truist Securities	Buy	N/A
Jul 24, 2026	Roth Capital	Buy	N/A

Related Tools: Analyst Ratings Dashboard | View MGY Stock Page