RBC Capital Reiterates Outperform on TransAlta, Maintains C$16 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Maurice Choy has reiterated an 'Outperform' rating on TransAlta (TSX:TA), maintaining a price target of C$16.
August 30, 2023 | 1:50 pm
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POSITIVE IMPACT
TransAlta's 'Outperform' rating has been reiterated by RBC Capital, with a maintained price target of C$16.
The reiteration of the 'Outperform' rating by RBC Capital indicates a positive outlook for TransAlta. The maintained price target of C$16 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100