RBC Capital Maintains Outperform on TransAlta, Lowers Price Target to C$14
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Maurice Choy maintains an Outperform rating on TransAlta (TSX:TA) and lowers the price target from C$15 to C$14.

February 26, 2024 | 3:15 pm
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RBC Capital maintains an Outperform rating on TransAlta and lowers the price target from C$15 to C$14.
The adjustment in price target by a major analyst like RBC Capital could lead to mixed reactions in the market. While maintaining an Outperform rating suggests confidence in the company's long-term prospects, the reduction in price target might cause short-term concern among investors, potentially leading to a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100