B of A Securities Upgrades California Resources to Buy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded California Resources (NYSE:CRC) from Neutral to Buy, increasing the price target from $57 to $65.
August 21, 2024 | 3:12 pm
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POSITIVE IMPACT
B of A Securities has upgraded California Resources from Neutral to Buy, with a new price target of $65, up from $57.
The upgrade from Neutral to Buy by B of A Securities is a positive signal for investors, indicating increased confidence in California Resources' future performance. The raised price target from $57 to $65 suggests potential upside in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100