In a report released today, Robert Brown from Lake Street assigned a Buy rating to Clean Energy Fuels (CLNE – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $2.96.
Brown covers the Industrials sector, focusing on stocks such as NV5 Holdings, Enviri, and Argan. According to TipRanks, Brown has an average return of 19.7% and a 56.38% success rate on recommended stocks.
Clean Energy Fuels has an analyst consensus of Strong Buy, with a price target consensus of $10.00.
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The company has a one-year high of $5.98 and a one-year low of $2.74. Currently, Clean Energy Fuels has an average volume of 1.73M.
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Clean Energy Fuels (CLNE) Company Description:
Clean Energy Fuels Corp. engages in the provision of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It also build and operate compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling stations; manufacture CNG and LNG equipment and technologies; and deliver more CNG and LNG vehicle fuel. The company was founded by T. Boone Pickens and Andrew J. Littlefair in 1996 and is headquartered in Newport Beach, CA.
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