UPDATE: RBC Capital Downgrades Atlantica Yield plc (AY) to Sector Perform

(updating comment)

RBC Capital analyst Shelby Tucker downgraded Atlantica Yield plc (NASDAQ: AY) from Outperform to Sector Perform with a price target of $27.00 (from $25.00).

The analyst comments "We are downgrading AY to Sector Perform from Outperform, following a standout year for the YieldCo. We think the market has begun giving AY credit for its existing assets and growth profile. As we look into 2020, we see limited catalysts on the horizon beyond a meaningful
development on the strategic review front."

For an analyst ratings summary and ratings history on Atlantica Yield plc click here. For more ratings news on Atlantica Yield plc click here.

Shares of Atlantica Yield plc closed at $26.99 yesterday.

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