Barclays Maintains Equal-Weight on California Resources, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang maintains an Equal-Weight rating on California Resources (NYSE:CRC) but lowers the price target from $62 to $55.
August 08, 2024 | 6:37 pm
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Barclays analyst Betty Jiang maintains an Equal-Weight rating on California Resources (NYSE:CRC) but lowers the price target from $62 to $55.
The lowered price target from $62 to $55 by Barclays suggests a less optimistic outlook for California Resources, which could negatively impact the stock price in the short term.
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