Materiality pending
Public signal · 1-minute delayed
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California Resources merged with Aera Energy for $2.1 billion. Bank of America upgraded CRC from Neutral to Buy, raising the price target to $65. Analyst believes datacenters present commercial opportunities for carbon capture technologies. Natural gas with carbon capture may become a transitional solution for California's energy needs. CRC shares increased by 4.36% to $51.65 on publication date.
- California Resources merged with Aera Energy for $2.1 billion.
- Bank of America upgraded CRC from Neutral to Buy, raising the price target to $65.
- Analyst believes datacenters present commercial opportunities for carbon capture technologies.
- Natural gas with carbon capture may become a transitional solution for California's energy needs.
- CRC shares increased by 4.36% to $51.65 on publication date.
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