TD Cowen lowered the firm’s price target on Matador (MTDR) to $62 from $65 and keeps a Buy rating on the shares. The firm updated it model following Q1 results that contained plusses and minuses, which included the decision to modestly adjust activity given the macro but the door remains ajar for growth resuming upon a commodity price improvement.
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Read More on MTDR:
- Matador Resources Reports Strong Q1 2025 Results
- Matador Resources Stock (MTDR) Falls Near 52-week Low Despite Strong Q1 Earnings
- Matador price target lowered to $65 from $68 at Roth Capital
- Matador Resources: Strategic Financial Maneuvers and Operational Efficiencies Justify Buy Rating
- Matador Resources: Strategic Adaptability and Strong Fundamentals Justify Buy Rating
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