RBC Capital Reiterates Outperform on Matador Resources, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Matador Resources (NYSE:MTDR) and maintained a $75 price target.
July 25, 2024 | 4:37 pm
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RBC Capital has reiterated an Outperform rating on Matador Resources and maintained a $75 price target, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and the maintenance of a $75 price target by RBC Capital suggests strong confidence in Matador Resources' future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100