Information Provided By: 
Fly News Breaks for May 22, 2018
RRC
May 22, 2018 | 17:15 EDT
Stifel analyst Jane Trotsenko resumed Range Resources with a Buy rating and a price target of $21.50. The analyst says the company's "disappointing" Memorial acquisition in 2017 has now been fully discounted in the stock price, which fell about 50% relative to the 20% decline of its peers. Trotsenko adds that this is an appropriate time to revisit Range Resources investment "story", as its free cash flow, asset sales, and declining leverage profile "should result in re-rating of the stock on multiples".
News For RRC From the Last 2 Days
