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Fly News Breaks for March 27, 2018
RRC
Mar 27, 2018 | 07:42 EDT
As previously reported, Bernstein analyst Bob Brackett downgraded Range Resources to Market Perform from Outperform as he believes gas levered names, particularly those with significant debt loads, are likely to struggle as gas prices compress cash margins. The analyst also lowered his price target on the shares to $16 from $26.