Raymond James Maintains Strong Buy on Clean Energy Fuels, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Pavel Molchanov maintains a Strong Buy rating on Clean Energy Fuels (CLNE) but lowers the price target from $6 to $5.
April 03, 2024 | 5:55 pm
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Raymond James maintains a Strong Buy on Clean Energy Fuels, but lowers the price target from $6 to $5.
The maintenance of a Strong Buy rating by Raymond James indicates continued confidence in Clean Energy Fuels' fundamentals and growth prospects. However, the reduction in the price target from $6 to $5 could reflect adjustments in market conditions or expectations, potentially leading to mixed reactions in the short term. Investors might view the rating positively but be cautious about the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100