Range Resources (RRC) Tops Q1 EPS by 6c

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KLR Group Downgrades Range Resources (RRC) to Accumulate

April 30, 2015 7:13 AM EDT

KLR Group downgraded Range Resources (NYSE: RRC) from Buy to Accumulate with a price target of $72.00 (from $74.00).

Analyst John Gerdes commented, "We are downgrading RRC from Buy to Accumulate and decreasing our target price $2 to $72 per share due to slightly lower price realizations. RRC has... More