RBC- lowers PT to $6. from $7. (US) RBC’s report highlights ongoing challenges for Algonquin, particularly the long delay in achieving expected earnings from its utility business. The lower-than-expected money from asset sales, combined with a focus on paying down debt instead of buying back shares, adds to investor concerns. RBC has lowered its price target to $6 from $7 (US) for the stock, reflecting these issues, and suggests that the stock might not see much movement in the near term due to these risks and slow earnings growth. Overall, RBC has a cautious outlook for Algonquin as it works through these challenges in the coming years. Kind of discouraging to say the least.