UBS Cuts California Resources Price Target to $68 From $73
UBS lowered California Resources’ price target from $73 to $68 per share while maintaining its Buy rating, according to Benzinga’s report.
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what happened
UBS reduced its price target for California Resources to $68 per share from $73, while keeping the stock at Buy.
Benzinga reported the ratings action at 21:18 GMT in its analyst-ratings section. California Resources trades under the ticker CRC.
why it matters
The lower target reflects a revised analyst valuation, while the unchanged Buy rating shows that UBS has not altered its recommendation on California Resources shares.
instruments
sources
- California Resources Price Target Cut to $68.00/Share From $73.00 by UBS — Newsmetry API, 12 October 2026 at 21:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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