RBC Capital Maintains Outperform on Atlantica Sustainable, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker maintains an Outperform rating on Atlantica Sustainable (NASDAQ:AY) but lowers the price target from $26 to $24.

March 04, 2024 | 4:11 pm
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RBC Capital maintains an Outperform rating on Atlantica Sustainable but lowers the price target from $26 to $24.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Atlantica Sustainable's performance but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised price target against the backdrop of continued endorsement of the stock's potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100