BMO Seeing more realistic expectations on the Street, BMO’s Ben Pham raised his recommendation for Algonquin Power and Utilities Corp. to “outperform” from “market perform” on Monday and added to its shares to his “Top 5 Best Idea Roster.”
“To reinforce conviction in this recommendation, we are also elevating AQN to our Top 5 Best Idea Roster which is now as follows: NPI, ALA, PPL, AQN, and ACO.X (previously was ALA, TA, NPI, H, and PPL).”