Boralex Inc T.BLX

Up 10% - why?

[RiceHammer4416]

I can't find any news on this one but it's up 10% today. Anyone know why?

[sumpineh]

 New partnership with French Infrastructure company.  Might be a little overdone due to shorts covering 

[sumpineh]

 actually most infrastuture stocks are up 

[Possibleidiot01]

Analyst recommendations especially Raymond James .   Boralex (TSE:BLX) had its price target raised by analysts at National Bank, Inc. from C$41.00 to C$42.00.This represents a 17.4% upside from the current price of C$35.76. Read More. Boralex (TSE:BLX) had its price target lowered by analysts at Scotiabank from C$45.25 to C$42.75.This represents a 19.5% upside from the current

[Vega1357]

The recent appreciation in this stock and other renewable energy stocks is a bull trap which is starting to fall apart today. Interest rates will be going significantly higher as inflation soars. Crude oil prices may be down slightly today but the CRB index is up almost 3%. For those who don't know what the CRB index is, it's a basket of commodities. BLX has seen a good appreciation of

[GoldenIdle]

I argue that rates are not going significantly higher . How can interest rates curtail the war and resulting supply chain issues ? Canada raised rates .25% this week , go to the bank and see the new gic rates before you sell . You get penny for $$. Russia will never be the same . Europe needs energy independence from Russia. 

[poolll]

Before the transaction with eip, Boralex had an ev/ebitda of 13, the transaction was made at a cost of 20 for eip. This amply justifies the 10% increase