RE:RBC -Reduces PT to $8.00 from $9.00 (USD)Still very happy watching this from the sidelines. It has no current catalyst to start moving back up. The market is not going to change its mind,and neither am I, until there is solid, demonstrated improvement in capital allocation and operating performance.
bmbruce wrote: for what its worth....the analysis indicates that AQN is grappling with hurdles in its shift to a utility pureplay, mainly stemming from uncertainties in the renewable energy market and the divestment of assets… the decision to lower the PT reflects the analysts' recognition of heightened risks tied to these challenges.