Innergex Renewable Energy Inc. ( OTCMKTS:INGXF – Get Rating ) reached a new 52-week low on Wednesday after Raymond James lowered their price target on the stock to C$21.50. The stock traded as low as $9.47 and last traded at $9.67, with a volume of 35161 shares trading hands. The stock had previously closed at $10.28. A number of other research firms also recently issued reports on INGXF. Royal Bank of Canada decreased their price target on shares of Innergex Renewable Energy from C$19.00 to C$17.

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