B of A Securities Reinstates Neutral on Idacorp, Announces $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ross Fowler has reinstated a Neutral rating on Idacorp (NYSE:IDA) and set a price target of $110.
September 12, 2024 | 5:36 pm
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NEUTRAL IMPACT
B of A Securities has reinstated a Neutral rating on Idacorp with a price target of $110, indicating a balanced view on the stock's potential.
The Neutral rating suggests that the analyst sees no strong reason for the stock to move significantly up or down in the short term. The $110 price target provides a benchmark for investors, but the neutral stance indicates a balanced risk-reward scenario.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100