Northland Power Inc

NPI: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Northland Power Earnings: Full-Year Guidance on Track; Construction Projects Progressing Well

We plan to update our model for no-moat Northland Power in the coming days, but at first glance, we expect to maintain our CAD 29 fair value estimate following second-quarter results. We view the shares as undervalued.

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