---
title: "Gerdes Energy Research upgrades California Resources Corp (CRC) to a Buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290834782.md"
description: "Gerdes Energy Research upgraded California Resources Corp (CRC) to a Buy rating. The stock closed at $53.42, with a consensus Strong Buy rating and an average price target of $80.25, implying 50.22% upside. Roth MKM also assigned a Buy rating with a $72.00 target in a June 15 report."
datetime: "2026-06-25T12:46:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290834782.md)
  - [en](https://longbridge.com/en/news/290834782.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290834782.md)
---

# Gerdes Energy Research upgrades California Resources Corp (CRC) to a Buy

California Resources Corp received a Buy rating and price target from Gerdes Energy Research analyst yesterday. The company’s shares closed yesterday at $53.42.

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California Resources Corp has an analyst consensus of Strong Buy, with a price target consensus of $80.25, a 50.22% upside from current levels. In a report released on June 15, Roth MKM also assigned a Buy rating to the stock with a $72.00 price target.

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- [CRC.US](https://longbridge.com/en/quote/CRC.US.md)

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