BMO Capital raised the firm’s price target on Brookfield Renewable Partners (BEP) to $36 from $30 and keeps an Outperform rating on the shares. The firm is citing the announcement of U.S. Government’s strategic partnership with Westinghouse to invest at least $80B in new nukes while estimating at least $1 per shsare of value to Brookfield from this partnership based on sanctioning of 8 reactors, the analyst tells investors in a research note.
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