RBC Capital Maintains Outperform on California Resources, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has maintained an Outperform rating on California Resources (NYSE:CRC) and increased the price target from $65 to $70.
February 08, 2024 | 2:54 pm
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RBC Capital has maintained an Outperform rating on California Resources and raised the price target from $65 to $70.
The upgrade in the price target by RBC Capital indicates a positive outlook on California Resources' stock, suggesting potential upside. This is likely to influence investor sentiment positively in the short term, potentially leading to an increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100