Stifel lowered the firm’s price target on California Resources to $52 from $64 and keeps a Buy rating on the shares after updating estimates for reported annual results and updated guidance from a selection of its coverage in the Americas oil and gas exploration and production space.
Published first on TheFly
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- California Resources price target lowered to $54 from $59 at Mizuho
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- California Resources sees FY23 capital program $200M-$245M
