Keybanc Maintains Overweight on Matador Resources, Raises Price Target to $70
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Tim Rezvan maintains an Overweight rating on Matador Resources (NYSE:MTDR) and raises the price target from $67 to $70.
July 27, 2023 | 8:46 am
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POSITIVE IMPACT
Keybanc analyst maintains Overweight rating on Matador Resources and raises the price target to $70.
The raised price target by Keybanc analyst indicates a positive outlook for Matador Resources. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100