BofA raised the firm’s price target on Clearway Energy (CWEN) to $38 from $37 and keeps a Buy rating on the shares after having hosted an investor fireside chat with CEO Craig Cornelius, who emphasized Clearway’s strong visibility for 7%-8% annual cash available for distribution per share growth from 2025 through 2030. As a result, the firm increased its cash available for distribution per share estimates for 2026-2027 “slightly,” the analyst tells investors.
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