Citigroup Maintains Neutral on Range Resources, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has maintained a Neutral rating on Range Resources (NYSE:RRC) and raised the price target from $31 to $36.

October 26, 2023 | 3:14 pm
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Citigroup has maintained a Neutral rating on Range Resources and raised the price target from $31 to $36.
The news is directly about Range Resources (RRC). Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $31 to $36 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100