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Idacorp price target raised to $109 from $106 at Wells Fargo

Wells Fargo analyst Sarah Akers raised the firm’s price target on Idacorp to $109 from $106 and keeps an Equal Weight rating on the shares ahead of the busy Q3/EEI season. Overall, the firm likes the fundamental setup for the group as macro headwinds normalize and the power demand theme remains in full force.

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