Citi raised the firm’s price target on California Resources (CRC) to $44 from $36 and keeps a Neutral rating on the shares. The post-earnings debates on the exploration and production companies “have been as varied as their reactions to lower oil prices,” the analyst tells investors in a research note. Citi updated models post the earnings reports.
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Read More on CRC:
- California Resources price target lowered to $60 from $64 at Mizuho
- California Resources price target raised to $50 from $47 at Barclays
- California Resources Corp Shines in Earnings Call
- California Resources price target raised to $51 from $49 at UBS
- California Resources Corp Reports Strong Q1 2025 Results
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