Scotiabank analyst Robert Hope lowered the firm’s price target on Northland Power (NPIFF) to C$23 from C$24 and keeps a Sector Perform rating on the shares following the investor day. The reduced the company’s cash flow estimates. The stock could be range-bound pending greater visibility on Northland’s offshore wind projects entering service in the second half of 2026, the analyst tells investors in a research note.
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