Clearway Energy price target raised to $40 from $39 at Roth Capital

Roth Capital raised the firm’s price target on Clearway Energy (CWEN) to $40 from $39 and keeps a Buy rating on the shares after meeting with its CEO. The firm is incrementally more constructive on the company’s ability to execute its long-term growth plan, the analyst tells investors in a research note. Roth adds that it views Clearway’s 2030 targets as conservative, adding that it sees a credible path for these goals to be revised higher over time.