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Fly News Breaks for July 4, 2019
BEP
Jul 4, 2019 | 08:07 EDT
BMO Capital analyst Ben Pham raised his price target for Brookfield Renewable Partners to $35 from $34 following the company's acquisition of X-Elio. While the deal is "not massively accretive" near-term, it extends Brookfield Renewable's growth platform and improves visibility on its growth targets, Pham tells investors in a research note. The analyst reiterates a Market Perform rating on the shares.
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