Truist Securities Maintains Hold on Range Resources, Raises Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Bertrand Hodee maintains a 'Hold' rating on Range Resources (NYSE:RRC) and raises the price target from $26 to $30.

July 06, 2023 | 12:26 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Hold' rating on Range Resources and raises the price target from $26 to $30.
The news is directly about Range Resources (RRC). Truist Securities maintains a 'Hold' rating, indicating that they believe the stock will perform approximately in line with the market in the near future. The increase in price target from $26 to $30 suggests a positive outlook, but as the rating is 'Hold', the short term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100