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Clearway Energy price target raised to $44 from $39 at UBS

UBS analyst Jon Windham raised the firm’s price target on Clearway Energy (CWEN) to $44 from $39 and keeps a Buy rating on the shares. Clearway Energy has relatively strong visibility to achieving its long-term cash available for distribution targets given a significant supply-demand imbalance for renewables projects broadly and growing electricity demand from AI data centers, the analyst tells investors in a research note.

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