Stephens & Co. Maintains Overweight on Matador Resources, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Mike Scialla maintains an Overweight rating on Matador Resources and raises the price target from $74 to $76.
September 27, 2024 | 11:00 am
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Stephens & Co. has reaffirmed its Overweight rating on Matador Resources and increased the price target from $74 to $76, indicating a positive outlook.
The increase in the price target from $74 to $76 by Stephens & Co. suggests a positive outlook for Matador Resources. The reaffirmation of the Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100