Abengoa Yield (ABY) Misses Q1 EPS Views; Boosts Dividend Growth Outlook

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Canaccord Genuity Raises PT After Abengoa Yield (ABY) Seals The Deal

May 12, 2015 10:54 AM EDT

Canaccord Genuity reiterates a Buy rating on Abengoa Yield (NASDAQ: ABY), and raised the price target to $46.00 (from $40.00), after ABY seals the deal. On top of solid quarterly results (reported revenues/adjusted EBITDA of ~$118.3M/$105.2M vs. ~$140M/$112M estimates), ABY has also entered into a new five-year... More