Truist Securities Maintains Buy on Matador Resources, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Matador Resources (MTDR) and raises the price target from $85 to $87.

April 26, 2024 | 3:51 pm
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Truist Securities maintains a Buy rating on Matador Resources and raises the price target from $85 to $87.
The upgrade in the price target by Truist Securities reflects a positive outlook on Matador Resources, likely due to the company's strong performance or potential growth prospects. This endorsement from a reputable analyst could increase investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100