RBC Capital Maintains Outperform on Range Resources, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold maintains an Outperform rating on Range Resources (NYSE:RRC) and raises the price target from $35 to $38.
July 28, 2023 | 1:49 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Range Resources and raises the price target from $35 to $38, which could positively impact the stock in the short term.
The Outperform rating maintained by RBC Capital indicates that they expect Range Resources to outperform the market. The increase in the price target from $35 to $38 suggests that they believe the stock has further upside potential. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100