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 28, 2023 | 2:32 pm
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RBC Capital has reiterated its 'Sector Perform' rating on Fortis, maintaining a price target of C$61.
The reiteration of the 'Sector Perform' rating by RBC Capital indicates that they believe Fortis will perform in line with the expectations of the sector. The maintained price target of C$61 suggests that RBC Capital does not foresee significant price movement in the short term. This is likely to have a neutral impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100