By Sabela OjeaShares of Clean Energy Fuels climbed Tuesday after Raymond James again upgraded its recommendation on the company and set up a target price of $6. The stock has, however, dropped 26% since the year started, and 36% in the past 12 months. The investment banking company raised the renewables company to strong buy from outperform following April's outperform upgrade from a prior market performance rating. The Section 45Z should provide a massive boost to the profitability of renewable natural gas projects, analysts added. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix(END) Dow Jones NewswiresOctober 03, 2023 12:16 ET (16:16 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal October 03, 2023 16:23 UTC