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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (98247)	11/23/2020 9:25:38 AM
From: Goose94	Read Replies (1) \| Respond to of 202705

Boralex (BLX-T) Industrial Alliance Securities analyst Naji Baydoun boosted Boralex ($39.22) to "strong buy" from "buy." Mr. Baydoun bumped up his share target to $48 from $46. Analysts on average target the shares at $42.94. Mr. Baydoun says in a note: "We believe that the strategic consolidation of low-risk operating assets will further improve BLX's growth profile, at a relatively inexpensive price. Furthermore, we believe that BLX's low payout supports further near-term dividend increases. Overall, we view BLX as the best organic growth investment vehicle in the Canadian renewable IPP space, with (1) highly contracted operations, (2) strong FCF/share growth, (3) potential upside from the Company's development pipeline, (4) potential for dividend growth, and (5) potential upside from M&A. Given the improving growth profile of the company and the recent share price pullback, we are upgrading BLX."