Pattern Energy says it has drawn interest from third parties and is responding to inquiries. The company says no agreement or arrangement for any transaction has been reached with a third party. A transaction may or may not be agreed as a result of any such inquiries or discussions.
Bank of America has also reiterated Neutral on Pattern Energy Group and raised the price target from $23 to $23.50.
Pattern Energy Group shares closed Monday at $25.15. The stock has a 52-week high of $25.90 and a 52-week low of $17.23.
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