Seeking Alpha

Range Resources (RRC +2%) growth targets are attainable and warrant a premium, Capital IQ says,...

Range Resources (RRC +2%) growth targets are attainable and warrant a premium, Capital IQ says, but the firm thinks current valuations are sustainable only by a major hike in gas prices, which it doesn't see. Natural gas prices likely will remain under pressure, pinching RRC’s cash flows and returns at a time of high capital expenditures, the firm says in keeping its Sell rating on shares.
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