Post by
Possibleidiot01 on Jan 08, 2024 9:40am
BMO today
Algonquin Power is being touted at BMO in an upgrade that says the downside is limited. The analyst is confident the company can monetize its renewables portfolio. It’s doubling down on its call, putting Algonquin on its Top 5 Best Idea Roster.
Comment by
longkk on Jan 08, 2024 11:36am
They upgraded AQN from a "market perform" rating to an "outperform" rating and now have a $7.50 (U.S.$) price target on the stock, up previously from $7.00.
Comment by
rustyblades on Jan 08, 2024 12:18pm
Good analysis. AQN is going to grow its share price by selling revenue generating assets. An older mentor once told me you don't gow a company by cutting costs. In this case cutting revenue. Good luck to those that are holding. It's going to be a slow climb back up.
Comment by
Red_Deer on Jan 08, 2024 2:55pm
Hey RUSTY__We are ALREADY UP 30 %% from the October LOWS eh !!! I LOVE this Kind of ""SLOW CLIMB BACK UP"""
Comment by
rustyblades on Jan 08, 2024 4:50pm
That's great!! I'm glad it's working out for you. It's nice to see individual investors do well.