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Fly News Breaks for March 2, 2018
PEGI
Mar 2, 2018 | 07:10 EDT
BofA/Merrill upgraded Pattern Energy to Neutral from Underperform and trimmed its price target to $17 from $19. Analyst Julien Dumoulin-Smith said Pattern Energy is bringing the dividend payout ratio back to a sustained position and believes downside risks are more limited as shares are trading in line with NAV.
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