Benchmark Maintains Buy on Matador Resources, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Subash Chandra maintains a Buy rating on Matador Resources (MTDR) but lowers the price target from $71 to $62.

April 23, 2024 | 1:46 pm
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Benchmark analyst Subash Chandra maintains a Buy rating on Matador Resources but lowers the price target from $71 to $62.
While the maintenance of a Buy rating by Benchmark analyst Subash Chandra is positive for Matador Resources, the reduction in the price target from $71 to $62 could signal a tempered outlook on the stock's value, potentially affecting short-term investor sentiment.
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