MTDR coverage by SN

[jb2257]

I noticed today that SN has reduced their estimates on MTDR and have a target of $24.00 vs. your target of $29.00. They report tomorrow, and I'm wondering if i should hold it. Here's the link:

https://stifel2.bluematrix.com/docs/pdf ... ddfdfa.pdf

Any comments?

[dan_s]

MTDR will report Q1 results tomorrow. My Fair Value Estimate is $29 until I see more info.

If you have a large gain in it you may want to sell to harvest that gain. Right now it looks like there is more upside in the other Sweet 16 stocks.

[jb2257]

I appreciate your reply. You never know how these stocks react to the earnings.

[dan_s]

I just read the Stifel report on MTDR and noticed that their revised forecast is almost identical to mine, which I sent out on April 10. Their analyst that covers MTDR does get my stuff. He must be reading it.