tiprankstipranks
Range Resources upgraded to Buy at Benchmark after Q1 beat expectations
The Fly

Range Resources upgraded to Buy at Benchmark after Q1 beat expectations

As previously reported, Benchmark analyst Subash Chandra upgraded Range Resources to Buy from Hold with a $32 price target after the company’s Q1 report featured "nearly all line items" that were in-line or better than consensus. Range now has about $1B remaining in buyback authorization and 2023 guidance was largely maintained, except for a slight reduction in net marketing expense, the analyst tells investors.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on RRC:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles