TD Cowen Maintains Outperform on Matador Resources, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gabe Daoud maintains an Outperform rating on Matador Resources (MTDR) and raises the price target from $64 to $72.
March 04, 2024 | 12:29 pm
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TD Cowen maintains an Outperform rating on Matador Resources and raises the price target from $64 to $72.
The increase in price target by TD Cowen reflects a positive outlook on Matador Resources, suggesting potential upside for the stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100