HSBC Maintains Buy on ReNew Energy Glb, Lowers Price Target to $8.75
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Puneet Gulati maintains a Buy rating on ReNew Energy Glb (NASDAQ:RNW) but lowers the price target from $9 to $8.75.
August 22, 2023 | 10:51 am
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NEUTRAL IMPACT
HSBC maintains a Buy rating on RNW but lowers the price target from $9 to $8.75.
The news is directly related to RNW as HSBC maintains a Buy rating but lowers the price target. This could lead to mixed reactions in the market. While the maintained Buy rating is positive, the lowered price target might cause some concern among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100