Mizuho Maintains Outperform on Range Resources, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains an Outperform rating on Range Resources (NYSE:RRC) but lowers the price target from $45 to $40.
October 09, 2024 | 12:41 pm
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NEUTRAL IMPACT
Mizuho analyst Nitin Kumar maintains an Outperform rating on Range Resources but lowers the price target from $45 to $40, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued positive sentiment towards Range Resources, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100