National Bank Financial Inc Maintains Outperform on Northland Power, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Rupert Merer has maintained an 'Outperform' rating on Northland Power (OTC:NPIFF) but lowered the price target from C$40 to C$37.
June 30, 2023 | 10:20 am
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Northland Power's price target has been lowered from C$40 to C$37 by National Bank Financial, though the 'Outperform' rating is maintained.
The lowering of the price target for Northland Power by National Bank Financial indicates a potential decrease in the stock's value in the short term. However, the maintenance of the 'Outperform' rating suggests that the bank still sees the stock as a good investment overall.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100