Roth Capital analyst Leo Mariani upgraded Range Resources (RRC) to Buy from Neutral with a price target of $42, up from $41. Gas-focused E&Ps should be more attractive than oil focused E&Ps in the near-term given the April 3 announcement from OPEC+ that the group plans to begin aggressively increasing production starting on May 1, the analyst tells investors in a research note. Jefferies expects Range Resources to accelerate its share buyback in 2025 and beyond.
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