CIBC Maintains Outperformer on Clearway Energy, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
CIBC has maintained its 'Outperformer' rating on Clearway Energy and raised the price target from $33 to $34, indicating a positive outlook for the company's stock.
October 22, 2024 | 8:56 pm
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POSITIVE IMPACT
CIBC has maintained its 'Outperformer' rating on Clearway Energy and increased the price target from $33 to $34, suggesting a positive short-term outlook for the stock.
The increase in the price target from $33 to $34 by CIBC, along with the maintained 'Outperformer' rating, indicates a positive sentiment from analysts. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100