Rice Midstream Partners Announces Private Placement of Common Units

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KLR Group Raises Price Target on Rice Energy (RICE) to $41 Following Recent Acquisition

October 3, 2016 8:17 AM EDT

KLR Group reiterated a Buy rating on Rice Energy (NYSE: RICE), and raised the price target to $41.00 (from $37.00), following the company's recent acquisition of Vantage Energy.

Analyst Gail Nicholson commented, "We are increasing our target price $4 to $41 per share following the recent... More