Atlantic Power Corp (TSE:AT) had its target price dropped by investment analysts at Eight Capital from C$6.00 to C$4.00 in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock.

Separately, National Bank Financial lifted their price target on Atlantic Power Corp from C$2.60 to C$3.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 30th.

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In related news, Director Sheldon M. Pollack purchased 20,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were bought at an average price of C$2.25 per share, with a total value of C$45,000.00. Also, Director Sheldon M. Pollack purchased 30,000 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was bought at an average cost of C$2.25 per share, for a total transaction of C$67,500.00. Insiders bought a total of 54,464 shares of company stock worth $122,499 in the last 90 days.

Atlantic Power Corp Company Profile

Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers. Atlantic Power’s segments include East U.S., West U.S. and Canada. The Company’s East U.S.

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