Jefferies Initiates Coverage On California Resources with Buy Rating, Announces Price Target of $64
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on California Resources (NYSE:CRC) with a Buy rating and set a price target of $64.
October 24, 2024 | 11:01 am
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POSITIVE IMPACT
Jefferies has initiated coverage on California Resources with a Buy rating and a price target of $64, indicating a positive outlook.
The initiation of coverage with a Buy rating and a specific price target by a reputable firm like Jefferies is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100