RBC Capital Maintains Outperform on Emera, Lowers Price Target to C$66
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Maurice Choy has maintained an 'Outperform' rating on Emera (TSX:EMA), but lowered the price target from C$68 to C$66.
August 14, 2023 | 2:30 pm
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RBC Capital has maintained an 'Outperform' rating on Emera, but lowered the price target from C$68 to C$66.
The news is directly about Emera and is likely to impact its stock price. While the 'Outperform' rating is maintained, the lowering of the price target might create a negative sentiment among investors, potentially affecting the stock price. However, the impact is not clear cut and could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100