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Fly News Breaks for March 24, 2016
RRC
Mar 24, 2016 | 05:44 EDT
Barclays analyst Thomas Driscoll downgraded Range Resources to Underweight saying investors may be overlooking the company's' financial challenges and leveraged balance sheet. Range's multiple may be pressured as growth slows, Driscoll tells investors in a research note. He lowered his price target for the shares to $24 from $27.