Scotiabank Maintains Sector Outperform on Brookfield Renewable, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Robert Hope has maintained a Sector Outperform rating on Brookfield Renewable (NYSE:BEP) and increased the price target from $30 to $31.
May 06, 2024 | 6:44 pm
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POSITIVE IMPACT
Scotiabank has maintained a Sector Outperform rating on Brookfield Renewable and raised the price target from $30 to $31.
The upgrade in price target by Scotiabank reflects a positive outlook on Brookfield Renewable's performance. Such analyst actions often lead to increased investor confidence and can positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100