Wells Fargo Maintains Overweight on Range Resources, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on Range Resources (NYSE:RRC) and raised the price target from $33 to $35.
July 26, 2023 | 12:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Range Resources and raised the price target from $33 to $35.
The raised price target by Wells Fargo indicates a positive outlook for Range Resources. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100