Morgan Stanley raised the firm’s price target on Clearway Energy (CWEN) to $25 from $23 and keeps an Equal Weight rating on the shares after making model and valuation revisions for the three yieldco stocks the analyst covers ahead of Atlantica Sustainable Infrastructure’s (AY) Q4 earnings and following results from Clearway and NextEra Energy Partners (NEP).
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Read More on CWEN:
- Clearway Energy targets annual dividend per share growth 5%-8% through 2026
- Clearway Energy, Inc. Reports Full Year 2023 Financial Results
- Clearway Energy raises quarterly dividend to 40.33c per share
- Clearway Energy reaffirms 2024 full year CAFD guidance of $395M
- CWEN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
