Unveiling 8 Analyst Insights On California Resources
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings on California Resources (NYSE:CRC), with a recent average price target increase to $64.12. Despite challenges like a 9.76% revenue decline, CRC maintains a strong market position with low debt reliance. Analysts' ratings reflect varied expectations for CRC's future performance.

October 22, 2024 | 4:00 pm
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California Resources (NYSE:CRC) has received mixed analyst ratings, with a recent increase in the average price target to $64.12. Despite a 9.76% revenue decline, CRC's strong market position and low debt reliance are positive factors.
The mixed analyst ratings indicate uncertainty about CRC's short-term performance. The increase in the average price target suggests some optimism, but the revenue decline and below-average financial metrics present challenges. CRC's strong market position and low debt reliance are positive, balancing the negative aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100