Green Touch Builders | Analyst raises the ceiling on Matador Resources to $30 as stock soars
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April 13, 2015 By SEO Admin

Analyst raises the ceiling on Matador Resources to $30 as stock soars

Matador Resources’ stock has soared 30 percent in the past month and now has a new target of $30 a share.

Northland Securities raised the target price for the company Monday.

Dallas-based Matador (NYSE: MTDR) made waves last week, announcing plans to offer $350 million in senior unsecured notes, if market conditions allow.

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The move is in defiance of what the rest of the industry is doing right now as crude oil prices remain in the…