Clearway Energy price target raised to $30 from $25 at Evercore ISI

Evercore ISI analyst Michael Lonegan raised the firm’s price target on Clearway Energy to $30 from $25 and keeps an Outperform rating on the shares. Clearway’s path to its “Potential Line of Sight” guidance of $2.15 CAFD/share is “increasingly clear,” while visibility to extend growth beyond 2026 continues to improve, the analyst tells investors.