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Matador Resources (MTDR) Receives a Rating Update from a Top Analyst

Tipranks - Wed Feb 25, 5:09PM CST

In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on Matador Resources, with a price target of $49.00.

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According to TipRanks, Mariani is a top 100 analyst with an average return of 31.8% and a 69.76% success rate. Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Diamondback, and Coterra Energy.

Currently, the analyst consensus on Matador Resources is a Strong Buy with an average price target of $55.23.

Based on Matador Resources’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $915.12 million and a net profit of $176.36 million. In comparison, last year the company earned a revenue of $860.14 million and had a net profit of $248.29 million

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