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 for Matador Resources (NYSE:MTDR) and maintained a price target of $75.
September 20, 2024 | 1:59 pm
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RBC Capital has reiterated its Outperform rating for Matador Resources, maintaining a $75 price target, indicating confidence in the company's performance.
The reiteration of an Outperform rating and a maintained price target of $75 by RBC Capital suggests positive sentiment and confidence in Matador Resources' future performance. This is likely to have a positive short-term impact on the stock price as it reflects analyst confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100