The Latest Analyst Ratings for California Resources
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 analysts have provided ratings for California Resources (NYSE:CRC), with 4 being bullish and 1 somewhat bullish. There have been no bearish or indifferent ratings. The average price target is $65.2, representing an upside from the current price of $51.21, but this is a decrease from the previous average price target of $66.00.
December 01, 2023 | 8:00 pm
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POSITIVE IMPACT
5 Wall Street analysts have rated CRC with 4 bullish and 1 somewhat bullish over the last 3 months. The average price target is $65.2, above the current price of $51.21.
The positive analyst ratings and the higher average price target compared to the current stock price suggest that analysts expect the stock to perform well in the short term. However, the decrease in the average price target from $66.00 to $65.2 indicates a slight reduction in optimism, which may temper the positive impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100