Credit Suisse Maintains Outperform Rating for Brookfield Renewable: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Credit Suisse has maintained its Outperform rating for Brookfield Renewable (NYSE:BEP) and raised its price target from $40.00 to $41.50. Shares of Brookfield Renewable are currently trading down 0.5% at $29.63 per share.
June 15, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Credit Suisse maintains Outperform rating for Brookfield Renewable (NYSE:BEP) and raises price target to $41.50, a 40.06% increase from the current share price.
Credit Suisse's decision to maintain its Outperform rating and raise the price target for Brookfield Renewable indicates a positive outlook for the company's stock. The new price target represents a significant potential upside of 40.06% from the current share price, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100