Wells Fargo Maintains Overweight on Brookfield Renewable, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jonathan Reeder has maintained an Overweight rating on Brookfield Renewable (NYSE:BEPC) but lowered the price target from $37 to $34.
September 22, 2023 | 1:12 pm
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Wells Fargo has maintained an Overweight rating on Brookfield Renewable but lowered the price target from $37 to $34.
The news directly pertains to Brookfield Renewable (BEPC). The maintained Overweight rating indicates a positive outlook, but the lowered price target may cause some investor concern, potentially leading to short-term market volatility for BEPC.
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