Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition

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Matador Resources Company (MTDR) PT Raised to $85 at Mizuho

June 14, 2024 5:20 AM EDT

Mizuho analyst Nitin Kumar raised the price target on Matador Resources Company (NYSE: MTDR) to $85.00 (from $83.00) while maintaining a Buy rating.

The analyst comments "We view the Ameredev acquisition as consistent with MTDR's M&A strategy: adding upstream assets adjacent to existing Delaware Basin... More