Pattern Energy (PEGI) Reports Q4 EPS of $0.16

Go back to Pattern Energy (PEGI) Reports Q4 EPS of $0.16

Pattern Energy Group (PEGI) PT Lowered to $28 at Oppenheimer

March 2, 2017 9:36 AM EST

Oppenheimer lowered its price target on Pattern Energy Group (NASDAQ: PEGI) to $28.00 (from $36.00) while maintaining a Outperform rating. PEGI posted 4Q16 revenue of $81.1M, adjusted EBITDA of $85.1M, and CAFD of $36.2M vs. Street estimates of $104.1M, $79.1M, and $37.7M.

Analyst Colin Rusch... More