Wells Fargo Maintains Overweight on Matador Resources, Raises Price Target to $89
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 $88 to $89.
July 29, 2024 | 1:00 pm
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POSITIVE IMPACT
Wells Fargo analyst Hanwen Chang maintains an Overweight rating on Matador Resources and raises the price target from $88 to $89.
The Overweight rating and increased price target from a reputable analyst at Wells Fargo is likely to positively influence investor sentiment and drive short-term price appreciation for Matador Resources.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100