Canada Research Roundup: Boralex, Innergex Renewable Energy, Northland Power

Altius Minerals (AB)

15/12/2022 07:22

Dec 15 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Boralex, Innergex Renewable Energy and Northland Power, on
Thursday. 
    HIGHLIGHTS    
     * Boralex Inc  BLX.TO : CIBC cuts target price to C$44 from C$45
     * Innergex Renewable Energy  INE.TO : Scotiabank raises target price to C$19.25 from C$18
     * Northland Power Inc  NPI.TO : Credit Suisse raises target price to C$52 from C$49
 Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     * Altius Minerals  ALS.TO : National Bank of Canada initiates with outperform rating; C$26.5 PT
     * Birchcliff Energy Ltd  BIR.TO : Canaccord Genuity resumes with buy rating and C$14.75 PT
     * Boralex Inc  BLX.TO : CIBC cuts target price to C$44 from C$45
     * Crew Energy Inc  CR.TO : Canaccord Genuity resumes with buy rating and C$9 target price
     * Innergex Renewable Energy Inc  INE.TO : Scotiabank raises target price to C$19.25 from C$18
     * Keyera Corp  KEY.TO : Credit Suisse raises target price to C$36 from C$35
     * Northland Power Inc  NPI.TO : Credit Suisse raises target price to C$52 from C$49
     * Peyto Exploration & Development  PEY.TO : Canaccord Genuity resumes with hold rating; C$16.75 PT
     * Tamarack Valley Energy  TVE.TO : Canaccord Genuity resumes with buy rating and C$6 PT
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))