BofA lowered the firm’s price target on Atlantica Sustainable Infrastructure to $20 from $22 and keeps a Buy rating on the shares. Although foreign assets and lower transparency compared to U.S. peers has resulted in lower investor interest, the firm continues to view Atlantica as “attractive” as it still sees shares trading at about a 16% discount plus offering a 10% current dividend yield.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AY:
- Atlantica Sustainable Infrastructure acquires two wind assets in the UK
- Atlantica Sustainable Infrastructure upgraded to Buy from Neutral at UBS
- Atlantica Sustainable Infrastructure price target lowered to $20 from $24 at BMO Capital
- Atlantica Sustainable price target lowered to $23 from $24.50 at CIBC
- Atlantica Sustainable Infrastructure says strategic review ‘ongoing’
