Matador's price target lowered to $62 from $70, but outlook remains positive

From Yahoo Finance: 2025-04-12 10:01:00

RBC Capital analyst Scott Hanold lowered Matador’s price target to $62 from $70 but maintains an Outperform rating, citing confidence in the company’s financial position. Market disruptions are seen as long-term opportunities. The firm does not expect activity to decrease unless WTI oil prices sustainably drop below $60 per barrel.

Source: TheFly

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Read more at Yahoo Finance: Matador price target lowered to $62 from $70 at RBC Capital