Roth MKM Maintains Buy on Matador Resources, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Leo Mariani maintains a Buy rating on Matador Resources (MTDR) and increases the price target from $66 to $71.
March 28, 2024 | 4:58 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Roth MKM analyst Leo Mariani maintains a Buy rating on Matador Resources and raises the price target from $66 to $71.
The increase in the price target by Roth MKM, along with the maintained Buy rating, suggests a positive outlook for Matador Resources. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price, as market participants react to the analyst's upgraded valuation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100