Brookfield Renewable Energy Partners (BEP) Reports Q1 FFO of $0.40

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R.F. Lafferty Downgrades Brookfield Renewable Energy (BEP) to Hold

May 4, 2021 11:29 AM EDT

R.F. Lafferty analyst Jaime Perez downgraded Brookfield Renewable Energy (NYSE: BEP) from Buy to Hold with a price target of $35.00 (from $49.00).

"The drivers behind our downgrade and lower price target are moderating hydro output in the near term and moderating demand... More