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Range Resources price target lowered to $54 from $55 at Stephens

Stephens lowered the firm’s price target on Range Resources (RRC) to $54 from $55 and keeps an Overweight rating on the shares. The firm forecasts a “mixed” Q1 as its EBITDA and cash flow per share estimates are 4% below and 1% above the Street, respectively, the analyst tells investors in a preview.

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