Stephens & Co. Maintains Overweight on Matador Resources, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Mike Scialla maintains an Overweight rating on Matador Resources and raises the price target from $76 to $78.
October 21, 2024 | 2:29 pm
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POSITIVE IMPACT
Stephens & Co. has maintained an Overweight rating on Matador Resources and increased the price target from $76 to $78, indicating a positive outlook.
The increase in price target from $76 to $78 by Stephens & Co. suggests a positive outlook for Matador Resources, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100