Banner and Matador Resources Stock Analyst Price Targets Adjusted

Equity research firms updated price targets for two publicly traded companies. DA Davidson raised its target for Banner (NASDAQ:BANR) to $76.00 from $72.00, while maintaining a neutral rating. Other analysts issued mixed views, with Piper Sandler setting a $67.00 target and Keefe, Bruyette & Woods a $75.00 target, among several hold and buy ratings.

UBS Group lowered its target for Matador Resources (NYSE:MTDR) to $54.00 from $56.00, keeping a neutral rating. Additional analysts provided a range of opinions, including KeyCorp’s $73.00 target, Truist Financial’s $63.00 target with a buy rating, and Citigroup’s $68.00 target. The updates follow recent earnings releases for both companies, with Banner reporting EPS of $1.44 and Matador Resources reporting EPS of $1.53 for their latest quarters.