HSBC lowered the firm’s price target on ReNew Energy Global to $8.75 from $9 and keeps a Buy rating on the shares. The analyst says weather continues to delay capacity additions, driving down the company’s revenue.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RNW: