Analysts Are Bullish on These Utilities Stocks: Emera (EMA), Clearway Energy (CWEN)
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Emera (EMA – Research Report) and Clearway Energy (CWEN – Research Report) with bullish sentiments.
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Emera (EMA)
RBC Capital analyst Maurice Choy maintained a Buy rating on Emera yesterday and set a price target of C$76.00. The company’s shares closed last Monday at $51.20.
According to TipRanks.com, Choy is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Emera with a $51.80 average price target.
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Clearway Energy (CWEN)
In a report released today, Nelson Ng from RBC Capital maintained a Buy rating on Clearway Energy, with a price target of $42.00. The company’s shares closed last Monday at $39.94.
According to TipRanks.com, Ng is a 4-star analyst with an average return of
Clearway Energy has an analyst consensus of Strong Buy, with a price target consensus of $41.40, which is a 4.3% upside from current levels. In a report released today, TipRanks – DeepSeek also upgraded the stock to Buy with a $44.00 price target.
