Stephens & Co. Initiates Coverage On Matador Resources with Overweight Rating, Announces Price Target of $83
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has initiated coverage on Matador Resources (NYSE:MTDR) with an Overweight rating and a price target of $83.
June 21, 2024 | 9:57 am
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Stephens & Co. has initiated coverage on Matador Resources with an Overweight rating and a price target of $83, indicating a positive outlook for the stock.
The initiation of coverage with an Overweight rating and a price target of $83 by Stephens & Co. suggests a positive outlook for Matador Resources. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100