Roth MKM Maintains Buy on Clearway Energy, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare has maintained a Buy rating on Clearway Energy (CWEN) and increased the price target from $29 to $30.
May 13, 2024 | 4:51 pm
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Roth MKM analyst Justin Clare reaffirmed a Buy rating on Clearway Energy and raised the price target from $29 to $30, indicating a positive outlook on the stock.
Analyst ratings and price target adjustments are significant indicators for stock performance in the short term. An increase in the price target, especially when accompanied by a Buy rating, typically signals confidence in the company's future performance and can lead to positive investor sentiment and a potential increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100