Analyst Expectations for Matador Resources's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided bullish and somewhat bullish ratings for Matador Resources (NYSE:MTDR) in the last quarter. The average price target of $69.0 implies an upside from the current price of $57.82. The current average has increased by 0.73% from the previous average price target of $68.50.
August 16, 2023 | 1:00 pm
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Bullish analyst ratings and an average price target of $69.0 suggest a potential upside for Matador Resources.
The bullish and somewhat bullish ratings from analysts indicate a positive outlook for Matador Resources. The average price target of $69.0, which is higher than the current price of $57.82, suggests that the stock has potential for growth. The increase in the average price target from the previous average also indicates growing confidence among analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100