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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Wed Jul 1, 7:34AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Matador Resources (MTDR) and UR-Energy (URG) with bullish sentiments.

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Matador Resources (MTDR)

In a report released today, Gabriel Daoud from Truist Financial maintained a Buy rating on Matador Resources. The company’s shares closed last Monday at $49.76.

According to TipRanks.com, Daoud is ranked 0 out of 5 stars with an average return of -12.8% and a 31.3% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Riley Exploration Permian, and Mach Natural Resources LP. ;'>

Currently, the analyst consensus on Matador Resources is a Strong Buy with an average price target of $70.54, representing a 40.7% upside. In a report issued on June 21, Roth MKM also upgraded the stock to Buy with a $65.00 price target.

See the top stocks recommended by analysts >>

UR-Energy (URG)

B. Riley Securities analyst Soundarya Iyer maintained a Buy rating on UR-Energy yesterday and set a price target of $2.50. The company’s shares closed last Monday at $1.32.

According to TipRanks.com, Iyer is ranked #9521 out of 12339 analysts.

Currently, the analyst consensus on UR-Energy is a Strong Buy with an average price target of $2.32.

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