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Matador Resources (MTDR) Receives a Buy from Siebert Williams Shank & Co

Tipranks - Thu Feb 26, 6:13AM CST

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Matador Resources, with a price target of $60.00.

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According to TipRanks, Sorbara is a 5-star analyst with an average return of 14.5% and a 63.92% success rate. Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Ovintiv.

In a report released today, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $58.00 price target.

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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