Algonquin Power & Utilities Corp T.AQN

RBC analyst says $9USD with asset sales

[Baystboy07]

Overhang today is an RBC analyst saying even with asset sales. My view is I would rather align with Starboard and Corvex than some analyst. GLTA

[bmbruce]

RBC’s view on AQN’s strategic review in relation to activist shareholder Starboard Value’s urging the company to sell some of its assets… despite the high expectations from investors, the analysts believe that even if AQN decides to sell its renewables business, the potential increase in the share price would be limited… this viewpoint is supported by Duke Energy's recent sale of its non

[Accountprince]

bmbruce...choose to believe the RBC analysts or any analysts for that matter if you want.  These guys have opined on the share price being "fair"  at all price levels for AQN.  They can - and have - opined anywhere from $9 to $20 a share.  For the most part their employers participate in the market and can and do make money while shares are rising or while shares are

[bmbruce]

Ap..Don't be mistaken… my post is not in support of RBC's view that Starboard Value's pushing for asset sales will not have any material effect on AQN's share price upside potentisl.... the post was in reply to BB07's post, which mentioned the RBC report as a potential overhang on AQN's share price today…I understand your skepticism towards analysts and their opinions