Truist Initiates Coverage of Range Resources Corporation (RRC) With a Hold Rating

Range Resources Corporation (NYSE:RRC) is one of the most profitable NYSE stocks to invest in. Truist initiated coverage of Range Resources Corporation (NYSE:RRC) with a Hold rating on March 23, setting a price target of $48. The firm told investors that it likes the stock’s story that revolves around capital-efficient growth over the next several years, capitalizing on incremental processing capacity and freed-up egress. However, Truist also argued that these attributes are already embedded in the stock p ...