RBC Capital Maintains Outperform on Atlantica Sustainable, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained an 'Outperform' rating on Atlantica Sustainable (NASDAQ:AY), but lowered the price target from $34 to $26.

November 09, 2023 | 6:23 pm
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Atlantica Sustainable's price target has been lowered from $34 to $26 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially lead to a short-term negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside in the stock, which could counterbalance the negative sentiment.
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IMPORTANCE 80
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