Desjardins Trims Innergex Renewable Energy (TSE:INE) Target Price to C$14.00

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Innergex Renewable Energy (TSE:INEGet Free Report) had its price objective decreased by investment analysts at Desjardins from C$14.50 to C$14.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target would suggest a potential upside of 78.80% from the stock’s previous close.

Several other brokerages have also weighed in on INE. CIBC lifted their target price on shares of Innergex Renewable Energy from C$9.00 to C$9.50 and gave the company a “neutral” rating in a research report on Friday. National Bankshares lifted their price target on shares of Innergex Renewable Energy from C$15.75 to C$17.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. TD Securities cut their price target on shares of Innergex Renewable Energy from C$12.00 to C$10.00 and set a “buy” rating for the company in a report…

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