BMO Capital Maintains Outperform on Northland Power, Lowers Price Target to C$38
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Ben Pham has maintained an 'Outperform' rating on Northland Power (TSX:NPI), but lowered the price target from C$42 to C$38.
August 11, 2023 | 12:58 pm
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BMO Capital has maintained an 'Outperform' rating on Northland Power, but lowered the price target from C$42 to C$38.
The news is directly about Northland Power and its rating by BMO Capital. The 'Outperform' rating suggests that the analyst expects the company to do better than the market average. However, the lowering of the price target might indicate a potential downside, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100