Morgan Stanley Maintains Equal-Weight on Clearway Energy, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Clearway Energy (NYSE:CWEN) and lowers the price target from $35 to $34.

June 23, 2023 | 1:17 pm
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Morgan Stanley maintains an Equal-Weight rating on Clearway Energy and lowers the price target from $35 to $34.
The news of Morgan Stanley maintaining an Equal-Weight rating on Clearway Energy and lowering the price target from $35 to $34 indicates that the analyst sees potential risks and rewards as balanced. This may not have a significant short-term impact on the stock price, as the rating remains unchanged and the price target adjustment is relatively small.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100