Truist lowers Range Resources price target to $43
Truist Securities analyst Gabe Daoud maintains a Hold rating on Range Resources and lowers the price target from $46 to $43, reflecting a revised valuation outlook.

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Truist Securities analyst Gabe Daoud has maintained a Hold rating on Range Resources (NYSE: RRC) and lowered the price target to $43 from $46. The adjustment reflects a revised outlook on the stock's valuation following recent market movements.
Rating and Price Target
The analyst's decision to keep the Hold rating suggests that the stock is expected to perform in line with the broader market. The reduction in the price target indicates a more conservative view on the near-term upside potential for Range Resources shares.
| Metric | Previous | New |
|---|---|---|
| Rating | Hold | Hold |
| Price Target | $46 | $43 |
Range Resources is an independent natural gas and natural gas liquids company. The updated price target provides investors with a revised benchmark for the stock's performance over the coming months.
What specific market movements prompted the reduction in Range Resources' price target?
How might the current natural gas price trends influence Range Resources' future earnings?
Are there any upcoming operational or strategic changes that could impact the stock's performance?





























