11:29 AM EDT, 08/12/2024 (MT Newswires) -- National Bank has lowered its target on Mattr Corp ( MTTRF ) by $3, to $20, and reiterated its Outperform rating after the company reported its second quarter result.

Revenue of $253.9 million missed National's $262.4 million and consensus of $256.8 million. The Adj. EPS print was $0.31, in line with National's and the Street's $0.31 estimate.

Price: 15.38, Change: -0.72, Percent Change: -4.47