Carbon TerraVault Provides 2024 Update

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California Resources (CRC) PT Lowered to $55 at Barclays, 'Market Overreacting to Brookfield Update'

March 4, 2025 8:14 AM EST

Barclays analyst Betty Jiang lowered the price target on California Resources (NYSE: CRC) to $55.00 (from $57.00) while maintaining a Equalweight rating.

The analyst comments "Our take: We believe CRC gave an overall solid update. 4Q24 beat on better than expected realizations and lower capex; 2025 production and costs were... More