California Resources (CRC) Reports Q1 EPS of $0.18

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Go back to California Resources (CRC) Reports Q1 EPS of $0.18

California Resources (CRC) PT Raised to $35 at Imperial Capital on 1Q Report; 'Higher Oil Prices, Higher Realizations, Drive Increased Cash Flows'

May 4, 2018 10:56 AM EDT

Imperial Capital raised its price target on California Resources (NYSE: CRC) to $35.00 (from $30.00) while maintaining a Outperform rating, following the company's first quarter earnings report.

Analyst Megan Barnett notes an upbeat outlook on the shares, as CRC reported first quarter earnings per share and... More