Brookfield Renewable Partners price target raised to $31 from $30 at Scotiabank
The Fly

Brookfield Renewable Partners price target raised to $31 from $30 at Scotiabank

Scotiabank raised the firm’s price target on Brookfield Renewable Partners to $31 from $30 and keeps an Outperform rating on the shares. The company’s Q1 results were slightly ahead of expectations, the analyst tells investors. The firm believes the company is a “high-quality and high-growth” way to participate in the global renewable power and decarbonization theme.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App