National Bank Financial reduced its rating on Boston-based Atlantic Power Corp. from “sector perform” to “underperform,” Benzinga.com reported. Forbes, however, said the company’s shares “entered into oversold territory” on Tuesday and that a bullish investor could conclude “the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.” Atlantic is a power generation and infrastructure company.
Atlantic Power’s stock fades
You've reached the limit of 10 free articles a month
Stay informed with unlimited access to Boston’s trusted news source.
- High-quality journalism from the region’s largest newsroom
- Convenient access across all of your devices
- Today’s Headlines daily newsletter
- Subscriber-only access to exclusive offers, events, contests, eBooks, and more
- Less than $1 a week