Morgan Stanley Maintains Equal-Weight on Clearway Energy, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Clearway Energy (NYSE:CWEN) and lowered the price target from $34 to $27.
September 20, 2023 | 12:31 pm
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NEGATIVE IMPACT
Clearway Energy's price target has been lowered from $34 to $27 by Morgan Stanley, while maintaining an Equal-Weight rating.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Clearway Energy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100