CIBC raised the firm’s price target on Fortis (FTS) to C$74 from C$72 and keeps an Outperformer rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTS:
- Fortis price target raised to C$73 from C$70 at Scotiabank
- Cautious Outlook for Fortis: Sell Rating Amid Limited Upside and Financial Challenges
- Fortis Inc. Announces Teleconference for Q3 Results and Future Outlook
- Fortis, BigCommerce enter payments partnership
- Fortis Inc. Closes $750 Million Subordinated Notes Offering