Mizuho Upgrades Idacorp to Outperform, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has upgraded Idacorp (NYSE:IDA) from Neutral to Outperform and increased the price target from $102 to $116.
November 01, 2024 | 10:07 am
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POSITIVE IMPACT
Mizuho has upgraded Idacorp to Outperform and raised its price target to $116, indicating a positive outlook for the stock.
The upgrade from Neutral to Outperform by Mizuho suggests increased confidence in Idacorp's future performance. The raised price target from $102 to $116 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100