Oppenheimer Maintains Outperform on Clearway Energy, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye maintains an Outperform rating on Clearway Energy (NYSE:CWEN) but has lowered the price target from $38 to $34.
October 12, 2023 | 6:11 pm
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NEUTRAL IMPACT
Clearway Energy's price target has been lowered from $38 to $34 by Oppenheimer, though the Outperform rating is maintained.
The news is directly related to Clearway Energy (CWEN). The lowering of the price target might indicate a potential downside in the short term, but the maintained Outperform rating suggests that the analyst still sees the company as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100