The Latest Analyst Ratings For Clean Energy Fuels
Portfolio Pulse from Benzinga Insights
Clean Energy Fuels (NASDAQ:CLNE) has seen a shift in analyst sentiment over the past three months, with ratings ranging from bullish to bearish. Recent updates show a decrease in the average price target to $5.62, down 16.74%, reflecting a negative sentiment shift. Analysts from Scotiabank and Raymond James have lowered their price targets, indicating concerns over the company's market position and financial performance. Despite challenges in revenue growth and below-average ROE and ROA, Clean Energy Fuels's efficient cost management and low debt-to-equity ratio suggest some financial health.
April 11, 2024 | 8:00 pm
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Clean Energy Fuels has experienced a negative shift in analyst sentiment, with a significant decrease in the average price target and lowered ratings from key analysts. This reflects concerns over its financial performance and market position.
The decrease in the average price target by 16.74% and lowered ratings from analysts at Scotiabank and Raymond James indicate a negative outlook on Clean Energy Fuels's financial health and market position. This could lead to short-term bearish sentiment among investors, impacting the stock price negatively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100