RBC Capital Reiterates Sector Perform on Boralex, Maintains C$42 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Nelson Ng has reiterated a 'Sector Perform' rating on Boralex (TSX:BLX) and maintained a price target of C$42.

August 15, 2023 | 2:55 pm
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RBC Capital's reiteration of a 'Sector Perform' rating and maintenance of a C$42 price target on Boralex may influence investor sentiment.
The reiteration of the 'Sector Perform' rating by RBC Capital indicates that they believe Boralex will perform in line with the expectations of the sector. The maintenance of the C$42 price target suggests that they do not foresee significant price movement in the near term. This could influence investor sentiment and trading decisions, but it does not necessarily indicate a significant change in the company's fundamentals or outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100