Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN.PR.A

Primary Symbol: T.AQN Alternate Symbol(s): AQN | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one... see more

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Algonquin Power & Utilities Corp > New Rating!!!!! GLTALongs

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Post by Mrlongpants on Apr 18, 2023 12:08pm

New Rating!!!!! GLTALongs

BofA Downgrades Algonquin Power & Utilities to Neutral From Buy, Price Target is $8.50, from 1 hour ago by MT Newswires

1 hour ago by MT Newswires

10:36 AM EDT, 04/18/2023 (MT Newswires) -- Algonquin Power & Utilities (AQN) has an average rating of hold and price targets ranging from $7 to $10.50, according to analysts polled by Capital IQ.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 8.18, Change: -0.32, Percent Change: -3.76

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Comment by 1condor on Apr 18, 2023 12:44pm

I sure hope those on this board are not surprised by these downgrades. The rally from the low was all based on speculation that the deal would be cancelled. Now that has occured and those traders are unwinding their positions. It is possible that the old low gets revisited in time as this company is still facing significant financial issues.

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Algonquin Power & Utilities Corp