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CWEN
Benzinga
81 days

Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields

1. CWEN has a dividend yield of 5.78%, attracting investor interest. 2. Jefferies initiated coverage with a Buy rating and $35 target. 3. Morgan Stanley upgraded CWEN to Overweight, raising target to $36. 4. Recent Q1 results missed sales estimates, raising concerns. 5. Analyst accuracy for CWEN is relatively strong, enhancing credibility.

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FAQ

Why Bullish?

Recent analyst ratings are positive, with upgrades leading to higher price targets. Historical trends show similar upgrades often correlate with stock price increases.

How important is it?

The strong dividend yield and analyst upgrades indicate significant interest in CWEN. Although recent performance missed expectations, the analyst support suggests potential recovery.

Why Short Term?

Upgraded ratings and a strong dividend yield can attract short-term buyers, boosting stock price. However, the missed sales estimate adds potential volatility.

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