Mizuho analyst Anthony Crowdell lowered the firm’s price target on Idacorp to $117 from $119 and keeps a Buy rating on the shares. The analyst revised estimates reflect the impact of higher than expected recent load growth in the comapny’s service area, as well as expected regulatory lag in 2023 that he believes will prompt the company to file a rate case in June 2023.
Published first on TheFly
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