TSX:AQNIntegrated Utilities
Is National Bank’s Rate Case Upgrade Altering The Investment Case For Algonquin Power & Utilities (TSX:AQN)?
Earlier in January, National Bank upgraded Algonquin Power & Utilities Corp. from “Sector Perform” to “Outperform,” highlighting multiple active rate cases expected to be approved and implemented in 2026 as key earnings drivers.
The upgrade centers on seven rate cases representing about US$280,000,000 in requested revenue, underscoring how regulatory outcomes may reshape Algonquin’s longer-term earnings profile.
Next, we'll examine how National Bank's focus on these seven rate cases could...