Stifel Maintains Buy on Clean Energy Fuels, Lowers Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Buy rating on Clean Energy Fuels (NASDAQ:CLNE) but has reduced the price target from $8 to $6.5.

January 23, 2024 | 5:24 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stifel maintains a Buy rating on Clean Energy Fuels but lowers the price target to $6.5, indicating a positive outlook with a more conservative valuation.
While the Buy rating reaffirms Stifel's positive outlook on Clean Energy Fuels, the reduction in the price target may reflect a more conservative view on the company's valuation or potential headwinds. This could lead to mixed reactions in the short term, as investors appreciate the continued endorsement but also recalibrate their expectations based on the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100