Canada Research Roundup: Atco, Fortis, Northland Power
21/04/2023 08:16
April 21 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Atco, Fortis and Northland Power, on Friday.
HIGHLIGHTS
* Atco Ltd ACOx.TO : CIBC raises target price to C$52 from C$49
* Fortis Inc FTS.TO : CIBC raises target price to C$59 from C$57
* Northland Power Inc NPI.TO : Atb Capital Markets cuts PT to C$48 from C$50
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Atco Ltd ACOx.TO : CIBC raises target price to C$52 from C$49
* Boralex Inc BLX.TO : CIBC raises target price to C$48 from C$46
* Canadian Utilities Ltd CU.TO : CIBC raises target price to C$39 from C$37
* Emera Inc EMA.TO : CIBC raises target price to C$58 from C$56
* Fortis Inc FTS.TO : CIBC raises target price to C$59 from C$57
* Gibson Energy Inc GEI.TO : Atb Capital Markets cuts target price to C$25 from C$26
* Hexo Corp HEXO.TO : Jefferies cuts target price to C$1.7 from C$2.57
* Hydro One Ltd H.TO : CIBC cuts to neutral from outperform
* Hydro One Ltd H.TO : CIBC raises target price to C$41 from C$39
* Innergex Renewable Energy Inc INE.TO : CIBC cuts target price to C$17.5 from C$19
* Northland Power Inc NPI.TO : Atb Capital Markets cuts PT to C$48 from C$50
* Northland Power Inc NPI.TO : CIBC cuts target price to C$42 from C$43
* Organigram Holdings Inc OGI.TO : Jefferies cuts target price to C$1.5 from C$1.8
* Primaris REIT PMZ_u.TO : National Bank of Canada starts with outperform rating; C$17.50 PT
* Tidewater Midstream and Infrastructure Ltd TWM.TO : CIBC cuts PT to C$1.5 from C$1.6
* Tidewater Renewables Ltd LCFS.TO : CIBC raises target price to C$17 from C$16
* Transalta Corp TA.TO : CIBC raises target price to C$16.5 from C$16
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))