Barclays raised the firm’s price target on Enlight Renewable (ENLT) to $34 from $26 and keeps an Overweight rating on the shares as part of a Q3 earnings preview. Following favorable U.S. policy updates and a quarter of capital raising, Enlight looks well positioned to execute on its long-term growth strategy, the analyst tells investors in a research note. The firm says the company “stands out as a leader in utility-scale renewables.”
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