California Resources (CRC) Tops Q3 EPS by 151c

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UPDATE: Morgan Stanley Upgrades California Resources (CRC) to Overweight

November 7, 2017 4:52 AM EST

(Updated - November 7, 2017 6:36 AM EST)

(updated to add analyst comment)

Morgan Stanley upgraded California Resources (NYSE: CRC) from Equalweight to Overweight with a price target of $21.00 (from $12.00).

Analyst Evan Calio sees three unique leverage points for the company to benefit as oil... More