National Bank Financial Inc Maintains Outperform on Atlantica Sustainable, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Rupert Merer maintains an 'Outperform' rating on Atlantica Sustainable (NASDAQ:AY) but has lowered the price target from $29 to $25.

October 11, 2023 | 11:18 am
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NEUTRAL IMPACT
Atlantica Sustainable's price target has been lowered from $29 to $25 by National Bank Financial, though the 'Outperform' rating is maintained.
The lowering of the price target by National Bank Financial could potentially create a negative sentiment among investors. However, the maintained 'Outperform' rating suggests that the bank still sees potential in the stock, which could balance out the initial negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100