Stephens & Co. Maintains Overweight on California Resources, Lowers Price Target to $91
Stephens & Co. analyst Mike Scialla maintains California Resources (NYSE:CRC) with a Overweight and lowers the price target from $93 to $91.
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UBS Maintains Buy on California Resources, Lowers Price Target to $67
UBS analyst Josh Silverstein maintains California Resources (NYSE:CRC) with a Buy and lowers the price target from $70 to $67.
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Roth Capital Maintains Buy on California Resources, Raises Price Target to $59
Roth Capital analyst Leo Mariani maintains California Resources (NYSE:CRC) with a Buy and raises the price target from $58 to $59.
Shares of oil and gas related-companies are lower following reports suggesting that Saudi Arabia is attempting to restore crude oil exports quickly through pipeline repairs and ship-to-ship transfers. Also, API and EIA data indicated weekly U.S. crude and distillate inventory growth, further pressuring the oil price.
RBC Capital Reiterates Outperform on California Resources, Maintains $77 Price Target
RBC Capital analyst Scott Hanold reiterates California Resources (NYSE:CRC) with a Outperform and maintains $77 price target.