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 14, 2024 | 1:56 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 the maintenance of a $65 price target by RBC Capital suggests strong confidence in California Resources' future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100