Roth MKM Maintains Buy on ReNew Energy Glb, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare maintains a Buy rating on ReNew Energy Global (NASDAQ:RNW) but lowers the price target from $9 to $8.

August 19, 2024 | 2:50 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Roth MKM analyst Justin Clare maintains a Buy rating on ReNew Energy Global but lowers the price target from $9 to $8.
The analyst's decision to maintain a Buy rating suggests continued confidence in the stock's potential, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100