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NEW YORK (TheStreet) -- Range Resources (RRC) stock closed up by 3.65% to $31.84 in Monday's trading session, after its price target was raised to $33 from $30 at KeyBanc this morning. 

The firm has an "overweight" rating on the stock.

Shares of the natural gas and oil company have benefited as crude prices have gained during the past month, KeyBanc wrote in a note, adding that shorted names have performed especially well.

Although the "high beta trade dynamic supported by short covering" could continue in the near-term, the firm nonetheless prefers names with "higher-quality assets and lower leverage that could be the first to add incremental activity without stressing liquidity."

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Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D.

Range Resources's weaknesses include its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk.

You can view the full analysis from the report here: RRC

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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