RBC Capital keeps an Outperform rating and $38 price target on Range Resources ahead of the company’s Q3 results on October 24th. The company’s operational and financial results continue to be solid, and the firm sees a similar performance into FY23 year-end, the analyst tells investors in a research note. RBC added that Range Resources should deliver its 11th consecutive quarter of free cash flow, which demonstrates the consistency of its business.
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