JP Morgan Maintains Neutral on Brookfield Renewable, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains a Neutral rating on Brookfield Renewable (NYSE:BEP) and raises the price target from $30 to $31.
September 25, 2024 | 3:30 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Brookfield Renewable and slightly increased the price target from $30 to $31, indicating a modestly positive outlook.
The Neutral rating suggests that JP Morgan does not expect significant short-term price movement, but the slight increase in the price target indicates a modestly positive outlook. This could lead to a stable or slightly positive short-term impact on BEP's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100