Clearway Energy price target raised to $39 from $38 at Roth Capital

Roth Capital analyst Justin Clare raised the firm’s price target on Clearway Energy (CWEN) to $39 from $38 and keeps a Buy rating on the shares. The company delivered a Q3 beat, raised 2025 guidance, and introduced 2026 guidance ahead of expectations, the analyst tells investors in a research note. Clearway continues to execute effectively on sponsor drop-downs and third-party M&A, achieving attractive CAFD yields and increasing visibility, the firm added.