National Bank Financial Inc Maintains Outperform on Boralex, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc analyst Rupert Merer maintains a 'Outperform' rating on Boralex (BRLXF) but lowers the price target from $41 to $39.
April 03, 2024 | 5:46 pm
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NEUTRAL IMPACT
National Bank Financial Inc maintains an 'Outperform' rating on Boralex but lowers the price target from $41 to $39.
While the maintenance of an 'Outperform' rating suggests continued confidence in Boralex's performance, the reduction in price target could indicate a reassessment of the company's near-term growth prospects or market conditions. This mixed signal might lead to neutral short-term price movement as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100