RBC Capital Reiterates Sector Perform on Fortis, Maintains C$61 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Maurice Choy has reiterated a 'Sector Perform' rating on Fortis (TSX:FTS) and maintained a price target of C$61.
September 21, 2023 | 2:58 pm
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NEUTRAL IMPACT
RBC Capital's reiteration of a 'Sector Perform' rating and maintenance of a C$61 price target on Fortis could influence investor sentiment.
Analyst ratings and price targets can significantly influence investor sentiment and trading decisions. In this case, RBC Capital's reiteration of a 'Sector Perform' rating and maintenance of a C$61 price target on Fortis could potentially impact the stock's performance in the short term. However, as this is a reiteration and not a change, the impact may be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100