Truist Financial Remains a Buy on Clearway Energy (CWEN)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Christopher Souther reiterated a Buy rating on Clearway Energy (CWEN), which closed at $33.68. The broader analyst consensus for CWEN is a Strong Buy with an average price target of $45.50, implying 35.1% upside. Additionally, CIBC maintained a Buy rating on July 17 with a $42.00 target.
In a report released yesterday, Christopher Souther from Truist Financial reiterated a Buy rating on Clearway Energy. The company’s shares closed yesterday at $33.68.
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Souther covers the Industrials sector, focusing on stocks such as Eos Energy Enterprises, Bloom Energy, and NuScale Power. According to TipRanks, Souther has an average return of -17.2% and a 26.55% success rate on recommended stocks.
Currently, the analyst consensus on Clearway Energy is a Strong Buy with an average price target of $45.50, a 35.10% upside from current levels. In a report released on July 17, CIBC also maintained a Buy rating on the stock with a $42.00 price target.