Citigroup Maintains Buy on California Resources, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on California Resources (NYSE:CRC) and raises the price target from $56 to $65.
August 14, 2023 | 2:04 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on California Resources and raises the price target from $56 to $65, which could positively impact the stock's price.
The raised price target by Citigroup indicates a positive outlook for California Resources. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100