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Recent analyst ratings are positive, with upgrades leading to higher price targets. Historical trends show similar upgrades often correlate with stock price increases.
What happened, with direct paths to the underlying reporting
CWEN has a dividend yield of 5.78%, attracting investor interest. Jefferies initiated coverage with a Buy rating and $35 target. Morgan Stanley upgraded CWEN to Overweight, raising target to $36. Recent Q1 results missed sales estimates, raising concerns. Analyst accuracy for CWEN is relatively strong, enhancing credibility.
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