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Fly News Breaks for March 12, 2018
MTDR
Mar 12, 2018 | 08:29 EDT
RBC Capital analyst Scott Hanold raised his price target on Matador to $36 and kept his Outperform rating after the company's analyst day. Hanold notes that the presentation offered a positive update on the company's valuation upside potential, especially with the midstream assets. The analyst also points to Matador's low cost of entry to the Permian Basin creating a "lower threshold for value creation".
News For MTDR From the Last 2 Days
MTDR
Apr 24, 2024 | 06:41 EDT
Mizuho raised the firm's price target on Matador to $78 from $76 and keeps a Buy rating on the shares post the Q1 report. The company "cleared the bar" for guidance with Q2 oil volumes 1% above consensus, the analyst tells investors in a research note.