Roth Capital raised the firm’s price target on Range Resources (RRC) to $42 from $41 and keeps a Neutral rating on the shares based on higher cash flow estimates following the company’s Q1 report. The firm expects 2026 gas prices to disappoint relative to futures prices, though it adds that Range has “a solid balance sheet” and a growing production trajectory in 2026 and 2027.
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Read More on RRC:
- Range Resources price target raised to $55 from $54 at Stephens
- Range Resources reports Q1 EPS $1.52, consensus $1.27
- Range Resources options imply 4.2% move in share price post-earnings
- Range Resources price target lowered to $54 from $55 at Stephens
- Range Resources price target raised to $44 from $38 at BofA
