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Stephens Sticks to Its Buy Rating for Matador Resources (MTDR)

Tipranks - Thu Feb 26, 7:49AM CST

In a report released today, from Stephens maintained a Buy rating on Matador Resources, with a price target of $85.00.

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In a report released today, Bank of America Securities also maintained a Buy rating on the stock with a $52.00 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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