Clearway Energy (NYSE:CWEN.A – Free Report) had its price target raised by UBS Group from $39.00 to $44.00 in a research report report published on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock.
Clearway Energy Stock Performance
NYSE:CWEN.A opened at $39.11 on Tuesday. The firm has a 50-day simple moving average of $35.97 and a 200-day simple moving average of $32.43. Clearway Energy has a one year low of $23.03 and a one year high of $31.37.
About Clearway Energy
Clearway Energy Inc is a U.S.-based independent power producer that owns, operates and acquires a diversified portfolio of renewable and conventional energy assets. The company focuses on the development, financing, construction and long-term management of utility-scale solar and wind projects, as well as natural gas and thermal generation facilities. Through power purchase agreements (PPAs) and other long-term contracts, Clearway Energy delivers electricity and capacity services to utilities, municipalities and large commercial customers.
The company’s renewables platform includes utility-scale and distributed solar projects alongside onshore wind farms located in key U.S.
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