Mizuho Maintains Neutral on Idacorp, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has maintained a Neutral rating on Idacorp (NYSE:IDA) and increased the price target from $93 to $98.

December 01, 2023 | 12:08 pm
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NEUTRAL IMPACT
Mizuho analyst Anthony Crowdell maintains a Neutral rating on Idacorp but raises the price target from $93 to $98.
The increase in price target by Mizuho suggests a positive outlook on Idacorp's valuation, which could be seen as a bullish signal. However, the maintenance of a Neutral rating indicates that the analyst does not see significant catalysts for growth or decline in the short term. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100