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Janney Montgomery Scott upgraded Algonquin Power & Utilities (AQN) from Neutral to Buy, with an average one-year price target of $4.80/share, representing a 24.01% decrease from its latest closing price of $6.32/share. The projected annual revenue is 4,025MM, a 68.57% increase, and the projected annual non-GAAP EPS is 0.81. Institutional ownership increased by 4.15% to 540,450K shares, and the put/call ratio is 0.63, indicating a bullish outlook.

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