Barclays Reiterates Hold Rating and $35 Price Target on Brookfield Renewable (BEPC)

Barclays reiterated its 'Hold' rating on Brookfield Renewable Corporation (NYSE:BEPC) with a price target of $35, representing a downside of over 15% from its current market price. The company operates one of the world's largest publicly traded platforms for renewable power and decarbonization solutions, with a diversified portfolio across five continents. Brookfield Renewable Corporation offers a robust annual dividend yield of 3.62% and aims to deliver 5% to 9% annual dividend growth over the long term.