UBS analyst Josh Silverstein raised the firm’s price target on California Resources (CRC) to $58 from $51 and keeps a Buy rating on the shares. California Resources is set up for a catalyst rich second half of 2025, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRC:
- California Resources Corp to Repurchase 4.95M Shares
- California Resources buys back 4.95M shares from IKAV for $227.7M
- Airbnb, Zscaler downgraded: Wall Street’s top analyst calls
- California Resources upgraded to Overweight from Equal Weight at Barclays
- California Resources price target raised to $53 from $50 at BofA