Susquehanna raised the firm’s price target on Range Resources to $43 from $42 and keeps a Positive rating on the shares. The firm noted they beat on EPS, while production was in-line during 3Q. The 2023 production and capex guide was held in place, with 4Q production expected to be up slightly quarter-over-quarter. The company continues to see positive signs on deflation and expects mid-single-digit savings in 2024.
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