HASI price target raised to $47 from $44 at Morgan Stanley

Morgan Stanley raised the firm’s price target on HASI (HASI) to $47 from $44 and keeps an Overweight rating on the shares. The firm is updating its price targets for North American Midstream & Renewable Energy Infrastructure stocks under its coverage, the analyst tells investors. While the framework agreement for a Canadian crude oil pipeline project and oil sands carbon capture has been finally reached, there are several unknowns that remain, the firm adds.