Higher rates are killing the clean energy stocks—BofA says these are worth buying

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Bank of America is eyeing these renewable stocks to ride out turmoil in the sector.

There's still value to be found among renewable energy stocks despite a rout, according to Bank of America. Leading renewable stock NextEra Energy Partners trimmed its growth forecast earlier this week, sparking a sell-off in the cleantech sector that has lasted for several days. Its stock tumbled about 27% so far this week, while its parent NextEra Energy is down 15% over the same period.

mountain FirstSolar stock. The firm's $45 per share price target on Nextracker represents more than 26% upside from Wednesday's $35.67 close. Dumoulin-Smith said shares could rise even higher if solar panel projects gain steam or if the cost of steel and freight transportation meaningfully decline. Shares have ticked up more than 9% from the start of 2023. NXT YTD mountain Nextracker stock. The firm maintains a $30 price target on Array Technologies and $96 for ConEd.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bank of America says long-term investors should should buy these beaten-up bank stocksThe recommendation comes even as surging bond yields have the potential to slow the economy and damage the financial sector, weighing on bank stocks.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Higher rates are killing the clean energy stocks—BofA says these are worth buyingBank of America is eyeing these renewable stocks to ride out turmoil in the sector.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »