RBC Capital Reiterates Outperform on Matador Resources, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has reiterated its 'Outperform' rating for Matador Resources, maintaining a price target of $75. This suggests confidence in Matador's future performance.
September 27, 2024 | 2:27 pm
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RBC Capital has reiterated its 'Outperform' rating for Matador Resources, maintaining a price target of $75. This suggests confidence in Matador's future performance.
The reiteration of an 'Outperform' rating and a maintained price target of $75 by RBC Capital indicates a positive outlook on Matador Resources' stock. This is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100