Boralex Inc Class A

BLX: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 32.00	Ljzl	Tllrwfp

Boralex Earnings: Strong Balance Sheet Positions Company Well for Development Activities

Brett Castelli

May 10, 2023

We maintain our CAD 39 fair value estimate for Boralex following the company's first-quarter results. We view the shares as fairly valued.

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