Range Resources (RRC) Downgraded by Analyst, Price Target Trimmed to $39

Group 1 - Range Resources Corporation (NYSE:RRC) experienced a share price decline of 6.52% from December 3 to December 10, 2025, ranking among the energy stocks that lost the most during that week [1] - On December 8, JPMorgan downgraded Range Resources from 'Neutral' to 'Underweight' and reduced its price target from $44 to $39, following an update to its exploration and production ratings for 2026 [2] - The analyst noted that while there are supply side risks for oil and liquids, a demand inflection for natural gas has finally arrived, with natural gas prices near a three-year high [3] Group 2 - JPMorgan analyst Arun Jayaram indicated that Range Resources has lost its competitive edge due to expected decreases in Belvieu pricing next year, attributed to expanding dock capacity on the Gulf Coast [4] - The forecast for Range Resources' free cash flow yield for 2026-27 is expected to be below that of its peers in the broader exploration and production and gas sectors [4]