The Globe and Mail reports in its Tuesday, Nov. 7, edition that Raymond James analyst David Quezada has reiterated his "strong buy" recommendation for Brookfield Renewable Partners. The Globe's David Leeder writes that Mr. Quezada cut his unit target back by $4 (U.S.) to $33 (U.S.). Analysts on average target the units at $32.99 (U.S.). Mr. Quezada says in a note: "Underpinning our constructive stance, we believe today's higher rate environment extends the competitive advantage provided by Brookfield Renewable's scale and access to capital. As such, we expect the company will continue to capitalize on growth from attractively priced M&A targets. Moreover, with a sector leading 150 GW development pipeline, deep relationships with corporate buyers, and 18 GW of renewable projects coming on line in the next three years, we see Brookfield Renewable as well positioned to meet its 10-per-cent FFO per unit growth target. We have modestly reduced our price target reflecting lower multiples across Brookfield's peer group." The Globe reported on Sept. 26 that Mr. Quezada said he was "going all-in" on Brookfield, upgrading it to "strong buy" from "outperform." The units were then worth $25.83 (U.S.).