UBS Upgrades Brookfield Renewable to Buy, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
UBS analyst William Grippin has upgraded Brookfield Renewable (NYSE:BEP) from Neutral to Buy and increased the price target from $24 to $31.
September 30, 2024 | 2:01 pm
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UBS has upgraded Brookfield Renewable from Neutral to Buy, with a new price target of $31, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by UBS suggests increased confidence in Brookfield Renewable's future performance. The raised price target from $24 to $31 indicates expectations of significant upside potential, likely leading to positive investor sentiment and a potential increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100