UBS Reiterates a Hold Rating on Matador Resources Company (MTDR)
Matador Resources Company (NYSE:MTDR) is one of the Undervalued Stocks with Biggest Upside Potential. On December 12, Peyton Dorne from UBS reiterated a Hold rating on the stock but raised the price target from 50. Earlier on December 8, Zach Parham from J.P. Morgan also reiterated a Buy rating on the stock but lowered the price target from 52. Zach Parham of J.P. Morgan noted that the reduced price target reflects the firm’s updated 2026 outlook on the exploration and production space. ...