RRC

[setliff]

COVERAGE REITERATED: Range Resources (RRC) reiterated by RBC Capital Mkts. Reiterated rating Outperform. 04/29 10:37 AM PT chged $82>88

[setliff]

this one is really a head scratcher

"COVERAGE REITERATED: Range Resources (RRC) reiterated by Barclays. Reiterated rating Equal Weight. 05/08 11:33 AM PT upped from $63>65"

now if they expect it to go down, why isn't it a sell

[dan_s]

I think what happens is the analyst really likes RRC and he knows it deserves to trade at a very high multiple since they do own over a million acres in the Marcellus Shale - North America's most valuable natural gas resource play BUT he is required to use a low NG price deck to come up with the valuation.