Roth MKM raised the firm’s price target on Matador (MTDR) to $73 from $72 and keeps a Buy rating on the shares following the company’s Q4 report. The firm says Matador’s Q1 production guidance is 3% below consensus while its 2025 production outlook is inline. The analyst cites higher cash flow for the target bump and believes Ameredev synergies are taking hold.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTDR:
- Buy Rating Maintained on Matador Resources Despite Q4 Setbacks Due to Strong Asset Base and Balance Sheet
- Matador Resources Reports Strong 2024 Financial Results
- Matador reports Q4 adjusted EPS $1.83, consensus $1.75
- Matador sees FY25 oil production 120K-124K boe/d
- Matador options imply 4.2% move in share price post-earnings