CIBC Maintains Outperformer on TransAlta, Lowers Price Target to C$15.5
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Mark Jarvi maintains an Outperformer rating on TransAlta (TSX:TA) but lowers the price target from C$16.5 to C$15.5.
July 22, 2024 | 8:39 pm
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NEUTRAL IMPACT
CIBC analyst Mark Jarvi maintains an Outperformer rating on TransAlta (TSX:TA) but lowers the price target from C$16.5 to C$15.5.
The Outperformer rating suggests continued confidence in TransAlta's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100