Trump's Renewable Energy Policy: President Trump announced that his administration will not approve any new solar or wind power projects, marking a significant shift against renewable energy development.
Market Reaction: Following Trump's announcement, clean energy exchange-traded funds experienced declines, indicating investor concerns about the future of renewable energy investments.
Tax Incentives Changes: Trump's proposed legislation aims to eliminate investment and production tax credits for wind and solar by 2027, which have been crucial for the growth of renewable energy in the U.S.
Supply-Demand Issues: Despite the administration's stance, data shows that solar and battery storage projects are still leading new generation connections, with rising electricity demand from data centers contributing to capacity price increases.
Wall Street analysts forecast FAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast FAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 22.040
Low
Averages
High
Current: 22.040
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
