Matador Resources (MTDR) Tops Q1 EPS by 16c; provides guidance
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Go back to Matador Resources (MTDR) Tops Q1 EPS by 16c; provides guidance
April 25, 2024 5:03 AM EDT
JPMorgan analyst Arun Jayaram raised the price target on Matador Resources Company (NYSE: MTDR) to $78.00 (from $77.00) while maintaining a Overweight rating.
The analyst comments "MTDR shares underperformed the XOP by 24 bps yesterday following a 1Q cash flow beat and an increase in FY24 production guidance while the capex guide was maintained. We were surprised by the underperformance and heard some pushback from investors on higher 2Q capex and the impact of the acquisition... More
April 24, 2024 5:11 AM EDT
Mizuho analyst Nitin Kumar raised the price target on Matador Resources Company (NYSE: MTDR) to $78.00 (from $76.00) while maintaining a Buy rating.
The analyst comments "Stock Reaction to PR - Modestly Positive. With midstream constraints largely resolved in March, there was much... More
