UPDATE: JPMorgan Upgrades Brookfield Renewable Corp. (BEPC) to Overweight

December 9, 2021 4:02 AM EST
Get Alerts BEPC Hot Sheet
Price: $36.11 +1.40%

Rating Summary:
    2 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 4 | Down: 13 | New: 10
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(Updated - December 9, 2021 4:56 AM EST)

JPMorgan analyst Mark Strouse upgraded Brookfield Renewable Corp. (NYSE: BEPC) from Neutral to Overweight with a price target of $52.00.

The analyst comments "We are upgrading BEPC to Overweight from Neutral. We believe BEPC, along with related company Brookfield Renewable Partners (BEP), is best in class in the development and ownership of renewable projects, offering high-quality cash yield and good visibility into growth. We believe this stock should appeal to investors seeking long-term exposure to the secular growth theme of renewable energy."

For an analyst ratings summary and ratings history on Brookfield Renewable Corp. click here. For more ratings news on Brookfield Renewable Corp. click here.

Shares of Brookfield Renewable Corp. closed at $34.90 yesterday.

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