Stephens & Co. Reiterates Overweight on Range Resources, Maintains $34 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Mike Scialla has reiterated an Overweight rating on Range Resources (NYSE:RRC) and maintained a $34 price target.
July 12, 2023 | 12:23 pm
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Stephens & Co. has reiterated an Overweight rating on Range Resources and maintained a $34 price target.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on Range Resources. The maintained price target of $34 suggests they believe the stock is undervalued. This could lead to increased investor confidence and potential upward movement in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100