Wells Fargo raised the firm’s price target on Emera (EMRAF) to C$56 from C$51 and keeps an Equal Weight rating on the shares. The firm says that after several years of flattish earnings and balance sheet repair, the company’s analyst day “pointed to a brighter future.” It keeps a neutral rating on the shares due to valuation.
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Read More on EMRAF:
- Emera price target raised to C$55 from C$54 at National Bank
- Emera price target raised to C$58 from C$54 at BMO Capital
- Emera price target raised to C$60 from C$55 at Scotiabank
- Emera upgraded to Outperformer from Neutral at CIBC
- Emera upgraded to Buy from Neutral at BofA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
