cotiabank downgraded Range Resources (RRC) to Sector Perform from Outperform with a $45 price target The share price has gotten to the point “where it’s hard for us to get enthusiastic about buying the stock,” the analyst tells investors in a research note. The firm continues to see Range as the “highest quality name” in the U.S. natural gas group and believes it is a “great name to own for the long-term.” However, Scotiabank downgraded the name on valuation.
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