Mizuho Maintains Buy on California Resources, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on California Resources (NYSE:CRC) and lowers the price target from $54 to $52.
May 19, 2023 | 11:03 am
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Mizuho analyst Nitin Kumar maintains a Buy rating on California Resources (NYSE:CRC) and lowers the price target from $54 to $52.
The news of Mizuho maintaining a Buy rating on California Resources is positive for the stock. However, the lowering of the price target from $54 to $52 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100