Professional
Added to YB: 2024-12-04
Pitch date: 2024-12-02
CWEN [bullish]
Clearway Energy, Inc.
+17.71%
current return
Author Info
No bio for this author
Company Info
Clearway Energy, Inc. operates in the clean energy generation assets business in the United States. The company operates through Flexible Generation and Renewables segments.
Market Cap
$4.2B
Pitch Price
$27.53
Price Target
38.00 (+17%)
Dividend
5.35%
EV/EBITDA
15.73
P/E
14.48
EV/Sales
12.33
Sector
Independent Power and Renewable Electricity Producers
Category
growth
Morgan Stanley Lifts Clearway Energy (CWEN) Target to $38
CWEN: Morgan Stanley raises PT to $38, maintains Overweight. Limited IRA repeal risk due to bipartisan support for clean energy investment & domestic manufacturing. Long-term renewables demand underappreciated by market despite post-election uncertainty on federal policy.
Read full article (1 min)