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Fly News Breaks for June 1, 2017
MTDR
Jun 1, 2017 | 16:35 EDT
Credit Suisse analyst Nitin Kumar initiated Matador with an Outperform and a $34 price target. The analyst said Matador is at the forefront of exploration activity in the Northern Delaware with catalysts ahead including upside revisions to resource estimates, higher type curves, increased producing zones and views the company as a potential takeover target.