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A Quick Look at Today's Ratings for Matador Resources(MTDR.US), With a Forecast Between $68 to $80

Moomoo News ·  Dec 6 21:00  · Ratings

On Dec 06, major Wall Street analysts update their ratings for $Matador Resources (MTDR.US)$, with price targets ranging from $68 to $80.

J.P. Morgan analyst Zach Parham maintains with a buy rating, and adjusts the target price from $71 to $72.

RBC Capital analyst Scott Hanold maintains with a buy rating, and maintains the target price at $70.

Stephens analyst Michael Scialla maintains with a buy rating, and adjusts the target price from $78 to $80.

Roth MKM analyst Leo Mariani maintains with a buy rating, and adjusts the target price from $77 to $68.

Furthermore, according to the comprehensive report, the opinions of $Matador Resources (MTDR.US)$'s main analysts recently are as follows:

  • In 2025, natural gas producers are anticipated to gain from three significant secular demand trends: the expansion of substantial liquefied natural gas export facilities, increased power requirements due to electrification, and the transition from coal to gas. The expected rise in long-term gas prices to above $3.50 per MMBtu reflects the need for higher prices to encourage additional supply from the Haynesville and other more costly gas basins. Additionally, a shift in the oil market from balanced conditions to a surplus by 2025 due to an increase in supply is anticipated, leading to a more conservative market approach.

Here are the latest investment ratings and price targets for $Matador Resources (MTDR.US)$ from 4 analysts:

StockTodayLatestRating_mm_205600_20241206_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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