The Latest Analyst Ratings For California Resources
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated California Resources (NYSE:CRC), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased slightly to $63.5. Despite positive analyst sentiment, CRC faces financial challenges, including declining revenue and low profitability metrics.
September 05, 2024 | 7:00 pm
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California Resources (NYSE:CRC) has received mostly bullish analyst ratings, with a slight increase in the average price target to $63.5. However, the company faces financial challenges, including a revenue decline and low profitability metrics.
Analysts have shown a positive sentiment towards CRC, with several raising their price targets. However, the company's financial health is concerning, with declining revenue and low profitability metrics, which could offset the positive analyst sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100