Mizuho Maintains Buy on California Resources, Raises Price Target to $69-Report released on 7th February 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Buy rating on California Resources (NYSE:CRC) and increased the price target from $63 to $69 as of 7th February 2024.
February 08, 2024 | 3:25 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mizuho has maintained a Buy rating on California Resources and raised the price target from $63 to $69.
The upgrade in price target by a reputable analyst like Nitin Kumar from Mizuho signals a strong confidence in California Resources' future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100