Truist analyst Jordan Levy initiated coverage of HASI (HASI) with a Buy rating and $40 price target HASI’s long-term, post development-cycle investment strategy and end-segment diversification “provide investors differentiated lower volatility exposure to key tailwinds in the energy transition,” the analyst tells investors. The firm believes HASI shares will continue to realize upside given a more normalized rate environment and the accelerating theme of domestic power demand, the analyst added.
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