Roth MKM Maintains Buy on Clearway Energy, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare maintains a Buy rating on Clearway Energy (NYSE:CWEN) but lowers the price target from $34 to $29.
October 17, 2023 | 1:16 pm
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NEUTRAL IMPACT
Clearway Energy's price target has been lowered from $34 to $29 by Roth MKM, though the Buy rating is maintained.
The news is directly about Clearway Energy. The lowered price target might indicate a potential downside, but the maintained Buy rating suggests that the analyst still sees value in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100