Clean Energy price target lowered to $5.50 from $7.00 at TD Cowen

TD Cowen analyst Jason Gabelman lowered the firm’s price target on Clean Energy to $5.50 from $7.00 and keeps a Market Perform rating on the shares. The analyst said company reset near-term EBITDA expectations lower than anticipated as it marked credit price assumptions to near current levels and lowered near-term volume growth.