Scotiabank Maintains Outperform on Northland Power, Lowers Price Target to $41.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Justin Strong maintains an Outperform rating on Northland Power (OTC:NPIFF) and lowers the price target from C$42.5 to C$41.5.
June 21, 2023 | 4:40 pm
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NEUTRAL IMPACT
Scotiabank maintains Outperform rating on Northland Power, but lowers price target from C$42.5 to C$41.5.
Scotiabank's lowered price target for Northland Power may have a neutral short-term impact on the stock. While the Outperform rating is maintained, indicating a positive outlook, the reduced price target may cause some investors to reevaluate their positions. However, the overall impact is expected to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100