Susquehanna analyst Biju Perincheril raised the firm’s price target on Range Resources to $36 from $35 and keeps a Positive rating on the shares. The firm said they beat on both EPS and production during the quarter. The 2023 guide on production and capex was held in place, with production ramping through the end of the year.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RRC:
- Range Resources sees FY 2023 Natural Gas at NYMEX minus 35c – 45c
- Range Resources sees flat production at 2.12 – 2.16 Bcfe per day in 2023
- Range Announces Second Quarter 2023 Results
- Range Resources reports Q2 EPS 30c, consensus 24c
- Range Resources options imply 3.7% move in share price post-earnings