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barclays begins coverage of brookfield renewable with equal weight rating

Barclays has initiated coverage of Brookfield Renewable (NYSE: BEPC) with an Equal-Weight recommendation as of April 3, 2025. The average one-year price target is set at $34.01/share, indicating a potential upside of 20.20% from the current price of $28.29/share. Despite a decrease in institutional ownership by 13.28% over the last quarter, the average portfolio weight for funds invested in BEPC has increased by 26.64%.
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