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Wells Fargo Reaffirms Their Hold Rating on Range Resources (RRC)

Tipranks - Tipranks - Fri Feb 27, 6:12AM CST

Wells Fargo analyst Sam Margolin maintained a Hold rating on Range Resources today and set a price target of $46.00.

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According to TipRanks, Margolin is a 5-star analyst with an average return of 12.2% and a 69.47% success rate. Margolin covers the Energy sector, focusing on stocks such as Conocophillips, Exxon Mobil, and Antero Resources.

In addition to Wells Fargo, Range Resources also received a Hold from Morgan Stanley’s Devin McDermott in a report issued today. However, yesterday, TipRanks – OpenAI reiterated a Buy rating on Range Resources (NYSE: RRC).

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Based on Range Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.67 billion and a net profit of $179.09 million. In comparison, last year the company earned a revenue of $666.98 million and had a net profit of $94.84 million

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