Matador Resources Company (MTDR) Reaches $29.70 Formed H&S; Last Week New Relic, Inc. (NEWR) Analysts

Matador Resources Company (MTDR) formed H&S with $28.81 target or 3.00% below today’s $29.70 share price. Matador Resources Company (MTDR) has $3.22 billion valuation. The stock increased 2.91% or $0.84 during the last trading session, reaching $29.7. About 872,619 shares traded. Matador Resources Company (NYSE:MTDR) has risen 11.95% since March 3, 2017 and is uptrending. It has underperformed by 4.75% the S&P500.

Among 16 analysts covering New Relic Inc (NYSE:NEWR), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. New Relic Inc had 42 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Cowen & Co on Friday, June 24. First Analysis initiated the stock with “Overweight” rating in Wednesday, September 9 report. The firm earned “Hold” rating on Wednesday, February 7 by BMO Capital Markets. The company was initiated on Friday, November 18 by Guggenheim. DA Davidson upgraded the stock to “Buy” rating in Wednesday, August 12 report. As per Wednesday, February 7, the company rating was maintained by Cowen & Co. UBS maintained the shares of NEWR in report on Friday, August 4 with “Neutral” rating. As per Thursday, August 10, the company rating was maintained by Oppenheimer. The rating was downgraded by First Analysis on Friday, August 4 to “Equal-Weight”. Robert W. Baird maintained New Relic, Inc. (NYSE:NEWR) rating on Thursday, January 4. Robert W. Baird has “Buy” rating and $65.0 target. See New Relic, Inc. (NYSE:NEWR) latest ratings:

23/02/2018 Broker: Wedbush Rating: Outperform New Target: $86 Initiates Coverage On
07/02/2018 Broker: Guggenheim Rating: Buy New Target: $65.0 Maintain
07/02/2018 Broker: Cowen & Co Rating: Buy New Target: $65.0 Maintain
07/02/2018 Broker: BMO Capital Markets Rating: Hold New Target: $71.0 Maintain
07/02/2018 Broker: Stephens Rating: Buy New Target: $70.0 Maintain
06/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $68.0 Maintain
12/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $68.0 Initiate
04/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $65.0 Maintain
12/12/2017 Broker: J.P. Morgan Rating: Hold New Target: $62.0 Downgrade
29/11/2017 Broker: Cowen & Co Rating: Buy New Target: $62.0 Maintain

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.23, from 1.28 in 2017Q2. It worsened, as 14 investors sold Matador Resources Company shares while 80 reduced holdings. 41 funds opened positions while 58 raised stakes. 91.90 million shares or 0.68% more from 91.29 million shares in 2017Q2 were reported. Pnc Serv Gp holds 0% of its portfolio in Matador Resources Company (NYSE:MTDR) for 4,349 shares. Nationwide Fund Advsr has invested 0.02% in Matador Resources Company (NYSE:MTDR). Federated Investors Incorporated Pa reported 26,394 shares. Public Employees Retirement Association Of Colorado holds 0% or 19,655 shares in its portfolio. New York-based Amalgamated Fincl Bank has invested 0.01% in Matador Resources Company (NYSE:MTDR). Cortina Asset Management Ltd Liability stated it has 0.86% in Matador Resources Company (NYSE:MTDR). Oregon Public Employees Retirement Fund owns 33,050 shares. Mcf Advisors Ltd Liability Corporation holds 72,500 shares or 0.39% of its portfolio. Principal Fincl holds 381,574 shares. Rainier Invest Mgmt Ltd Limited Liability Company accumulated 112,390 shares or 0.72% of the stock. Sterling Mngmt, a North Carolina-based fund reported 43,474 shares. Rafferty Asset Management Ltd Company reported 17,470 shares. Oppenheimer Asset Management holds 12,345 shares or 0.01% of its portfolio. Bridgeway Cap Management owns 0.05% invested in Matador Resources Company (NYSE:MTDR) for 154,500 shares. Cwm Ltd Liability Company has 0.8% invested in Matador Resources Company (NYSE:MTDR) for 622,289 shares.

Among 24 analysts covering Matador Resources (NYSE:MTDR), 18 have Buy rating, 0 Sell and 6 Hold. Therefore 75% are positive. Matador Resources had 80 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho upgraded the shares of MTDR in report on Tuesday, January 16 to “Buy” rating. Barclays Capital maintained Matador Resources Company (NYSE:MTDR) rating on Wednesday, October 11. Barclays Capital has “Equal-Weight” rating and $25 target. The firm earned “Buy” rating on Monday, December 11 by Northland Capital. The stock has “Hold” rating by KLR Group on Wednesday, December 9. The stock of Matador Resources Company (NYSE:MTDR) has “Outperform” rating given on Thursday, July 21 by FBR Capital. The stock of Matador Resources Company (NYSE:MTDR) has “Accumulate” rating given on Wednesday, September 21 by KLR Group. The firm has “Buy” rating given on Wednesday, June 8 by Sterne Agee CRT. As per Thursday, January 11, the company rating was maintained by BMO Capital Markets. As per Tuesday, January 19, the company rating was upgraded by KLR Group. The rating was maintained by Stifel Nicolaus on Thursday, February 23 with “Buy”.

New Relic, Inc., a software-as-a-service company, provides digital intelligence products worldwide. The company has market cap of $4.12 billion. The companyÂ’s cloud platform and suite of products include New Relic Digital Intelligence Platform, which enables organizations to collect, store, and analyze data. It currently has negative earnings. It provides New Relic Application Performance Management that offers visibility into the performance and usage of server applications, such as data pertaining to response time, transaction throughput, error rates, transactions, and user satisfaction; New Relic Mobile, which provides code-level visibility into the performance of mobile applications running on the iOS and Android mobile operating systems; and New Relic Browser, a product that monitors the page view experiences of actual end-users for desktop and mobile browser applications.