Matador Resources (MTDR) Tops Q2 EPS by 29c; Increases Full-Year 2024 Production Guidance

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Matador Resources Company (MTDR) PT Raised to $83 at JPMorgan

July 25, 2024 5:11 AM EDT

JPMorgan analyst Arun Jayaram raised the price target on Matador Resources Company (NYSE: MTDR) to $83.00 (from $80.00) while maintaining a Overweight rating.

The analyst comments "After updating our model, we estimate that MTDR will deliver FY24 oil production of 100.5 MBo/d... More