Algonquin: Atlantica Sustainable Sale Looks Probable Soon

yangna In our last coverage of Algonquin Power & Utilities Corp. (NYSE:AQN), (TSX:AQN:CA), we remained optimistic while the bulk of the income-chasing crowd had thrown in the towel. That said, we did not have high hopes for our total return prospects. Valuation push can only go so far when earnings estimates keep falling. We maintain our buy rating from the original $5.60 and suggest investors keep an eye on the exits. We will move to a "hold" if $7.00 is hit at any point. Our personal position here is in A ...