Mizuho Reiterates Buy on Range Resources, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has reiterated a Buy rating on Range Resources (NYSE:RRC) and increased the price target from $39 to $41.
April 26, 2024 | 1:10 pm
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Mizuho analyst Nitin Kumar reaffirmed a Buy rating on Range Resources and raised the price target to $41 from $39.
The reiteration of a Buy rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100