B of A Securities Maintains Buy on California Resources, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Kalei Akamine maintains a Buy rating on California Resources (NYSE:CRC) and raises the price target from $59 to $63.
August 04, 2023 | 9:42 am
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on California Resources and raises the price target from $59 to $63, which could lead to a positive impact on the stock.
The raised price target by B of A Securities indicates a positive outlook for California Resources. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100