Roth Capital raised the firm’s price target on California Resources (CRC) to $65 from $54 and keeps a Buy rating on the shares. The firm upped estimates following the company’s Q4 report to reflect lower costs. It cites higher oil prices for the target boost.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRC:
- California Resources’ Carbon TerraVault provides operational update
- California Resources sees FY26 production 152-157 MBoe/d
- California Resources reports Q4 adjusted EPS 47c, consensus 50c
- CRC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- California Resources gets ‘Grade A’ certification for San Joaquin Valley assets