KLR Group raised its price target on Range Resources (NYSE: RRC) to $60.00 (from $59.00) while maintaining a Buy rating.

Analyst John Gerdes commented, "We are increasing our RRC target price $1 to $60 per share due to slightly higher oil/gas price realizations. Our ’17 production growth expectation of ~34% is at the midpoint of company guidance (33%-35%)."