Mizuho raised the firm’s price target on Range Resources (RRC) to $48 from $46 and keeps an Outperform rating on the shares. The firm updated estimates post the Q2 report to reflect lower cash taxes in 2026 and 2027.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRC:
- Range Resources: Strong Performance and Promising Outlook, But Valuation Concerns Justify Hold Rating
- Strong Financial Performance and Strategic Positioning Drive Buy Rating for Range Resources
- Balanced Outlook for Range Resources Amid Solid Performance and Market Challenges
- Range Resources reports Q2 EPS 66c, consensus 64c
- Range Resources sees FY25 capital budget $650M-$680M