RBC Capital Reiterates Outperform on Matador Resources, Maintains $70 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 $70.
October 24, 2024 | 5:09 pm
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RBC Capital has reiterated its Outperform rating for Matador Resources, maintaining a price target of $70, indicating confidence in the company's performance.
The reiteration of an Outperform rating and maintenance of a $70 price target by RBC Capital suggests a positive outlook for Matador Resources. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100