CCC Growth Opportunity Ahead: Execution, Key Factor

Analysts at Piper Jaffray maintain their "neutral" rating on Clean Technology & Renewables CCC. The target price for CCC is set to $18. Clean Technology & Renewables has implemented several initiatives that “we believe could drive significant upside in the coming years.” “These included a focus on new markets in Asia as well as on various regulatory-driven markets in other geographies. If executed properly, management indicated that these new initiatives could combine to drive a 2x (or more) expansion in EPS over the next five years,” Piper Jaffray says. However, “CCC's ability to deliver results in these new markets is unproven and “we prefer to discount the potential contribution stemming from new markets - at least for the present,” the analysts add. More Analyst Ratings here