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Clearway Energy initiated with an In Line at Evercore ISI

Evercore ISI initiated coverage of Clearway Energy (CWEN) with an In Line rating and $34 price target The firm believes wind and solar have a place to play in the broader energy infrastructure build out, but says Clearway’s near-term upside is lilimitd by headwinds from “higher-for-longer” interest rates, tariffs and shifting power preferences among hyperscalers.

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