Mizuho Maintains Buy on ReNew Energy Glb, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has reaffirmed a Buy rating on ReNew Energy Global (RNW) and increased the price target from $8 to $10. This adjustment reflects a positive outlook on the company's future performance.
January 03, 2024 | 7:02 pm
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Mizuho analyst Maheep Mandloi maintains a Buy rating on ReNew Energy Global and raises the price target from $8 to $10, indicating a bullish stance on the stock.
The increase in price target by a reputable analyst typically suggests a strong conviction in the company's growth potential and financial health. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100