Piper Sandler raised the firm’s price target on Range Resources to $43 from $41 and keeps an Overweight rating on the shares. The firm notes Range Resources delivered a Q1 2024 beat driven by stronger liquids mix and NGL pricing and says it has adjusted estimates following results and updated guidance.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRC:
- Range Resources price target raised to $41 from $39 at Mizuho
- Range Resources downgraded to Sector Perform after rally at RBC Capital
- Range Resources downgraded to Sector Perform from Outperform at RBC Capital
- Range Resources price target raised to $38 from $36 at Susquehanna
- Range Resources sees FY24 production 2.12 – 2.16 Bcfe per day