There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Clearway Energy (CWEN – Research Report) and OPAL Fuels (OPAL – Research Report) with bullish sentiments.
Clearway Energy (CWEN)
In a report released today, Noah Kaye from Oppenheimer maintained a Buy rating on Clearway Energy, with a price target of $37.00. The company’s shares closed last Thursday at $26.49.
According to TipRanks.com, Kaye is a 5-star analyst with an average return of
Clearway Energy has an analyst consensus of Moderate Buy, with a price target consensus of $28.50.
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OPAL Fuels (OPAL)
In a report released today, Ryan Todd from Piper Sandler maintained a Buy rating on OPAL Fuels, with a price target of $8.00. The company’s shares closed last Thursday at $5.00, close to its 52-week low of $4.43.
According to TipRanks.com, Todd is a 5-star analyst with an average return of
OPAL Fuels has an analyst consensus of Moderate Buy, with a price target consensus of $8.33, implying a 69.7% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $8.00 price target.
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Read More on CWEN:
- Clearway Energy reports Q1 EPS (2c)
- CWEN Upcoming Earnings Report: What to Expect?
- Clearway Energy Announces Executive Shake-Up and Financial Outlook
- Clearway Energy announces CEO Chris Sotos resigns, Cornelius, succeeds
- Clearway Energy, Inc. Announces CEO Transition and Reiterates 2024 Financial Guidance
