RBC Capital Maintains Sector Perform on Algonquin Power, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nelson Ng maintains a Sector Perform rating on Algonquin Power (NYSE:AQN) but lowers the price target from $7 to $6.
August 13, 2024 | 3:42 pm
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RBC Capital analyst Nelson Ng maintains a Sector Perform rating on Algonquin Power but lowers the price target from $7 to $6.
The lowered price target from $7 to $6 by RBC Capital suggests a less optimistic outlook for Algonquin Power, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100