Scotiabank Reinstates Outperform on Brookfield Renewable, Announces $38 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Robert Hope reinstates Brookfield Renewable (NYSE:BEP) with an Outperform rating and announces a $38 price target.
June 23, 2023 | 4:18 pm
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Scotiabank reinstates Brookfield Renewable with an Outperform rating and a $38 price target, indicating a positive outlook for the stock.
The reinstatement of an Outperform rating by Scotiabank analyst Robert Hope, along with a $38 price target, suggests a positive outlook for Brookfield Renewable's stock. This news is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100