RBC Capital raised the firm’s price target on Range Resources (RRC) to $45 from $42 and keeps a Sector Perform rating on the shares. The firm is revising its model to reflect its revisions on commodity prices, with RBC’s WTI outlook having decreased to $62.25/barrel in 2025 from $64.19 and $52.50/barrel in 2026 from $57.12, the analyst tells investors in a research note.
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