Scotiabank Maintains Sector Perform on Algonquin Power, Lowers Price Target to $5.75
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Robert Hope maintains a Sector Perform rating on Algonquin Power (NYSE:AQN) but lowers the price target from $6.5 to $5.75.
August 13, 2024 | 3:12 pm
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Scotiabank analyst Robert Hope maintains a Sector Perform rating on Algonquin Power but lowers the price target from $6.5 to $5.75.
The lowered price target from $6.5 to $5.75 suggests a less optimistic outlook for Algonquin Power, which could negatively impact investor sentiment and short-term stock price.
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