Stephens analyst Mike Scialla lowered the firm’s price target on Matador (MTDR) to $86 from $90 and keeps an Overweight rating on the shares. The firm notes in Q1 preview that its cash flow per share, production, and capex estimates are 2% below, inline, and 4% below consensus, respectively.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTDR: