Wells Fargo Maintains Overweight on Range Resources, Raises Price Target to $40
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 $38 to $40.
October 20, 2023 | 2:44 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Range Resources and raised the price target from $38 to $40.
The raised price target by Wells Fargo indicates a positive outlook for Range Resources. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100