Information Provided By:
Fly News Breaks for April 9, 2019
RRC
Apr 9, 2019 | 06:41 EDT
Cowen analyst David Deckelbaum started Range Resources with an Outperform rating and $14 price target. At strip pricing, the analyst believes Range can deliver annual production growth of 6.5% through 2023 with cumulative free cash generated of $1B. Further, he notes the company is "actively addressing" its "largest hurdle," leverage.