Macquarie Upgrades Range Resources (RRC) to Outperform

April 13, 2012 8:43 AM EDT
Get Alerts RRC Hot Sheet
Price: $40.32 +1.03%

Rating Summary:
    20 Buy, 31 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Macquarie upgraded Range Resources (NYSE: RRC) from Neutral to Outperform Friday morning. The firm's price target was lifted from $62 to $81.

The upgrade follows a production update on Thursday. Shares rose 2.3 percent following the Q1 results.

Range Resources shares are indicated about 1.1 percent higher this morning.

For an analyst ratings summary and ratings history on Range Resources click here. For more ratings news on Range Resources click here.


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