Citigroup Raises Price Target for Range Resources (RRC) to $50

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Citigroup has raised its price target for Range Resources (RRC) to $50, maintaining a Neutral rating, which signifies a 16.28% increase from the previous target. This adjustment reflects a cautiously optimistic sentiment among analysts, as several other firms have also recently increased their price targets for RRC. Range Resources is a prominent exploration and production company focused on the Marcellus shale in Southwest Pennsylvania.

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