Wells Fargo Maintains Overweight on Matador Resources, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Hanwen Chang maintains an Overweight rating on Matador Resources (NYSE:MTDR) and raises the price target from $85 to $88.
July 17, 2024 | 2:31 pm
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Wells Fargo analyst Hanwen Chang maintains an Overweight rating on Matador Resources and raises the price target from $85 to $88.
The Overweight rating and increased price target from a reputable analyst at Wells Fargo is likely to boost investor confidence in Matador Resources, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100