Barclays Maintains Equal-Weight on California Resources, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang maintains an Equal-Weight rating on California Resources (NYSE:CRC) and raises the price target from $55 to $57.
October 03, 2024 | 3:25 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on California Resources and increased the price target from $55 to $57, indicating a slightly positive outlook.
The increase in price target from $55 to $57 by Barclays suggests a slightly positive outlook for California Resources, which could lead to a minor positive impact on the stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100