UBS downgraded Atlantica Sustainable Infrastructure to Neutral from Buy with a price target of $22, down from $25, after the company entered into an agreement to be acquired by Energy Capital Partners for $22 per share in cash. The analyst expects the stock to be relatively range bound until transaction close.
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Read More on AY:
- Atlantica Sustainable Infrastructure downgraded to Sector Perform at RBC Capital
- M&A News: Atlantica Sustainable Is Being Acquired by ECP in a $2.55B Deal
- Atlantica Inks Major Deal with California Buyer Limited
- Atlantica Sustainable Infrastructure to be acquired by Energy Capital Partners
- Algonquin Power & Utilities Corp. Announces Its Support for Energy Capital Partners’ Proposed Acquisition of Atlantica
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