Wells Fargo raises price targets for Matador Resources and Mesa Laboratories

Wells Fargo & Company has issued updated price targets for two different companies. For Matador Resources, analysts raised the price target from $63.00 to $79.00, maintaining an “equal weight” rating. This adjustment suggests a potential upside of approximately 50.62% from the company’s current price.

Mesa Laboratories also received a price target increase from Wells Fargo & Company, which moved from $94.00 to $110.00. The brokerage maintains an “equal weight” rating on the medical instruments supplier. Additionally, Weiss Ratings upgraded Mesa Laboratories from a “sell (d)” rating to a “hold (c-)” rating.