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.
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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
