Wells Fargo trims Matador Resources price target to $76 but keeps Overweight
Wells Fargo lowered its Matador Resources price target to $76 from $77 and kept its Overweight rating. Source: Benzinga.
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what happened
Wells Fargo analysts reduced their price target on Matador Resources (MTDR) to $76 per share from the previous $77. The firm kept its Overweight rating unchanged.
Benzinga reported the rating changes at 14:34 GMT on October 14, 2026.
why it matters
For the market this is a small adjustment: a one-dollar cut is modest, and keeping the Overweight rating signals that the bank still views the company favorably. Price target revisions often reflect model updates and do not on their own explain share price moves.
tags
instruments
sources
- Matador Resources Is Maintained at Overweight by Wells Fargo — Newsmetry API, 14 October 2026 at 14:34 UTC
- Delek US Is Maintained at Overweight by Wells Fargo — Newsmetry API, 14 October 2026 at 14:40 UTC
- Tradeweb Markets Is Maintained at Overweight by Wells Fargo — Newsmetry API, 14 October 2026 at 14:54 UTC
- Atlassian Is Maintained at Overweight by Wells Fargo — Newsmetry API, 14 October 2026 at 15:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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