Stephens analyst Mike Scialla raised the firm’s price target on Range Resources (RRC) to $37 from $36 and keeps an Overweight rating on the shares. The firm, which views the Q3 release as “positive,” is raising its Q4 cash flow per share view by 3% based on improved guidance for production and realized natural gas and NGL prices, the analyst tells investors.
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Read More on RRC:
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- Range Resources price target raised to $36 from $35 at Stephens
- Range Resources price target raised to $34 from $33 at Siebert Williams