Evercore ISI Group Maintains Outperform on Clearway Energy, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Lonegan maintains an Outperform rating on Clearway Energy (CWEN) and raises the price target from $25 to $30.
May 14, 2024 | 12:53 pm
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POSITIVE IMPACT
Evercore ISI Group's analyst Michael Lonegan has maintained an Outperform rating on Clearway Energy and increased the price target from $25 to $30.
The upgrade in price target by a reputable analyst like Michael Lonegan suggests a strong confidence in Clearway Energy's future performance. This is likely to be viewed positively by the market, potentially leading to an increase in the stock price in the short term as investors adjust their valuations based on the new price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100