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Fly News Breaks for April 6, 2016
MTDR
Apr 6, 2016 | 07:54 EDT
As noted earlier, Stifel downgraded Matador to Hold from Buy. The firm downgraded the stock based on "heightened oil price risk" amid what it sees as "mixed signals from OPEC ministers, ramping volumes from Iran, and potential backlash from Saudi Arabia."
News For MTDR From the Last 2 Days
MTDR
Apr 22, 2024 | 06:11 EDT
KeyBanc raised the firm's price target on Matador to $76 from $71 and keeps an Overweight rating on the shares ahead of quarterly results. The firm raised its oil price forecast to reflect a heightened geopolitical risk premium, flattening U.S. production, and declining U.S. refined product inventories. It further trimmed its natural gas price outlook to reflect strong production, bloated inventories, and debottlenecking in the second half of 2024.
MTDR
MTDR
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