RBC Capital Reiterates Outperform on California Resources, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on California Resources (NYSE:CRC) and maintained a $65 price target.
June 12, 2024 | 3:13 pm
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RBC Capital has reiterated an Outperform rating on California Resources and maintained a $65 price target, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and a maintained price target of $65 by RBC Capital suggests strong confidence in California Resources' future performance. This is likely to positively impact the stock price in the short term as investors may view this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100