Stephens & Co. Maintains Overweight on Matador Resources, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Mike Scialla maintains an Overweight rating on Matador Resources (NYSE:MTDR) but lowers the price target from $83 to $81.
July 24, 2024 | 7:37 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Stephens & Co. analyst Mike Scialla maintains an Overweight rating on Matador Resources but lowers the price target from $83 to $81.
The Overweight rating suggests a positive outlook, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100