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Brookfield Renewable price target raised to $35 from $31 at Raymond James

Raymond James raised the firm’s price target on Brookfield Renewable Partners (BEP) to $35 from $31 and keeps an Outperform rating on the share. Westinghouse, Cameco and Brookfield Asset Management announced a strategic partnership with the U.S. government to accelerate the deployment of nuclear power, the analyst tells investors in a research note. The firm says the news has positive implications for Brookfield Renewable, which owns an 11% equity interest in Westinghouse.

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