Analysts fell to the sidelines weighing in on Fortis (FTS – Research Report) and IdaCorp (IDA – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Fortis (FTS)
Wells Fargo analyst Neil Kalton maintained a Hold rating on Fortis on January 17 and set a price target of C$56.00. The company’s shares closed last Monday at $40.10.
According to TipRanks.com, Kalton is a 4-star analyst with an average return of
Fortis has an analyst consensus of Moderate Sell, with a price target consensus of $41.36.
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IdaCorp (IDA)
Bank of America Securities analyst Paul Zimbardo CFA reiterated a Hold rating on IdaCorp on January 19 and set a price target of $97.00. The company’s shares closed last Monday at $92.37.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
Currently, the analyst consensus on IdaCorp is a Hold with an average price target of $97.60, representing a 6.2% upside. In a report released today, Guggenheim also downgraded the stock to Hold with a $93.00 price target.
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