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Analysts Are Bullish on Top Utilities Stocks: Dominion Energy (D), Clearway Energy (CWEN)

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Dominion Energy (DResearch Report) and Clearway Energy (CWENResearch Report) with bullish sentiments.

Dominion Energy (D)

Evercore ISI analyst Durgesh Chopra maintained a Buy rating on Dominion Energy yesterday and set a price target of $90.00. The company’s shares closed last Friday at $83.61.

According to TipRanks.com, Chopra is a 4-star analyst with an average return of 7.1% and a 62.4% success rate. Chopra covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power.

Dominion Energy has an analyst consensus of Moderate Buy, with a price target consensus of $91.33, a 9.4% upside from current levels. In a report issued on May 6, Wolfe Research also maintained a Buy rating on the stock with a $91.00 price target.

See today’s best-performing stocks on TipRanks >>

Clearway Energy (CWEN)

Evercore ISI analyst Michael Lonegan maintained a Buy rating on Clearway Energy yesterday and set a price target of $46.00. The company’s shares closed last Friday at $31.33.

Lonegan has an average return of 1.3% when recommending Clearway Energy.

According to TipRanks.com, Lonegan is ranked #4992 out of 7855 analysts.

Clearway Energy has an analyst consensus of Moderate Buy, with a price target consensus of $39.50.

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