Information Provided By:
Fly News Breaks for December 11, 2018
MTDR
Dec 11, 2018 | 07:50 EDT
Wells Fargo analyst Nitin Kumar downgraded Matador to Market Perform from Outperform, citing his concerns about its balance sheet and near-term outspending given his revised commodity price forecasts. Kumar lowered his price target on Matador shares to $31 from $38.
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.