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TD Cowen Sticks to Its Hold Rating for Algonquin Power & Utilities (AQN)

Tipranks - Tipranks - Tue Mar 10, 6:58AM CDT

TD Cowen analyst John Mould reiterated a Hold rating on Algonquin Power & Utilities today and set a price target of $6.00.

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Mould covers the Utilities sector, focusing on stocks such as Capital Power, ATCO Ltd Cl I NV, and Canadian Utilities A. According to TipRanks, Mould has an average return of 15.2% and a 71.62% success rate on recommended stocks.

In addition to TD Cowen, Algonquin Power & Utilities also received a Hold from RBC Capital’s Nelson Ng in a report issued today. However, on the same day, Scotiabank maintained a Buy rating on Algonquin Power & Utilities (NYSE: AQN).

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The company has a one-year high of C$9.69 and a one-year low of C$6.31. Currently, Algonquin Power & Utilities has an average volume of 2.63M.

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