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Why Evercore’s Higher Price Target Still Leaves Clearway (CWEN) Rated In-Line
Yahoo Finance· 2026-03-10 16:26
Group 1 - Clearway Energy, Inc. (NYSE:CWEN) is recognized as one of the 10 Best Renewable Energy Stocks to Buy Now, with a current trading price of $37.78 and a consensus 12-month price target of $40.14, indicating a potential upside of approximately 6.25% [1] - Analyst Nicholas Amicucci from Evercore ISI maintained an In-Line rating on Clearway Energy and raised the price target from $34 to $39, aligning closer to the broader analyst consensus [2] - Clearway reported full-year 2025 results with Cash Available for Distribution (CAFD) reaching $430 million, at the top end of its guidance, and reaffirmed its 2026 CAFD guidance of $470 million to $510 million [3] Group 2 - Clearway Energy owns a significant U.S. power generation portfolio focused on wind, solar, and energy storage, with a total gross capacity of approximately 12.7 GW across 27 states, including 9.9 GW from renewable sources [4]