From Yahoo Finance: 2025-05-20 10:46:00

BofA analyst Noah Hungness started coverage of Matador Resources Company (NYSE:MTDR) with a Buy rating and a $56 price target, citing the company’s diverse growth avenues. Matador anticipates 30% production growth for FQ1 2025, driven by Ameredev integration and cost savings. Matador is an independent energy company operating in the US, with two main segments. While MTDR shows potential for growth, some AI stocks are seen as having greater promise for higher returns. Check out our report for more information.

Read more: BofA Initiates Coverage of Matador (MTDR) With a Buy Rating, Sets $56 Price Target