Brookfield Renewable Partners LP

BEP: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$34.00	Hvcx	Gbjrmdfnhf

Brookfield Renewable Earnings: Microsoft Deal Supports Long-Term Growth Outlook

Brett Castelli

May 3, 2024

We are maintaining our fair value estimates of USD 28/CAD 38 for Brookfield Renewable Partners and USD 29/CAD 39 for Brookfield Renewable Corp. following first-quarter results. Despite a rise in recent days, we still view the shares as undervalued.

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