B. Riley analyst Christopher Souther lowered the firm’s price target on Altus Power to $11 from $14 and keeps a Buy rating on the shares. The analyst says the company is not getting credit for its organic growth, with an “inflection point” in 2023. The firm came away from Altus Power’s Q1 earnings call with higher confidence of organic growth picking up with a more back-loaded second half of the year.
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