The Globe and Mail reports in its Tuesday, Nov. 18, edition that National Bank Financial analyst Baltej Sidhu continues to rate Northland Power "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Sidhu gave his share target a $3 trim to $27. Analysts on average target the shares at $24.75. Mr. Sidhu says in a note: "While Q3 results were broadly in line with expectations, the stock extinguished all year-to-date gains previously supported by the successful derisking events of its two flagship offshore wind projects, Hai Long and Baltic Power. Investor sentiment deteriorated following an unexpected 40-per-cent dividend reduction, commissioning delays at Hai Long, and a substantial writedown on the Nordsee One offshore wind platform. Management is in the penalty box and will need to deliver at its Investor Day with focus on Northland Power's long-term growth trajectory and capital allocation strategy, with particular interest in initiatives to enhance shareholder value -- such as commentary on share repurchases. With that, shares lost a full turn on the day and now trade at 7.8 times 2026 estimates (was nine times) or 13-per-cent implied IRR (was 10 per cent)."