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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRC:
- Range Resources price target raised to $44 from $38 at BofA
- RRC Upcoming Earnings Report: What to Expect?
- “If Interest Rates Were Spiking, This Market Would Be Very Different,” Says Jim Cramer
- Range Resources price target lowered to $45 from $50 at Citi
- Range, Adicet, Nova, PBF, Dorian: Insider Shake-Up
