Morgan Stanley Downgrades NextEra Energy Partners (NEP) to Underweight

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2 renewable energy stocks to own according to Morgan Stanley

July 31, 2024 1:00 PM EDT

Morgan Stanley has updated its views on renewable energy infrastructure, highlighting two names it has a bullish rating on.

Clearway Energy Inc. and Hannon Armstrong Sustainable Infrastructure Capital are the stocks in question. The firm has raised price targets and ratings for both stocks based on new models and valuation methodologies.

Clearway Energy, Inc. (NYSE: CWEN): Morgan Stanley upgraded CWEN to Overweight from Equal-weight, raising... More