BofA raised the firm’s price target on Emera (EMA) to C$74 from C$73 and keeps a Neutral rating on the shares. The firm’s FY26-28 EPS estimates are unchanged and its raised price target is driven by updated electric and gas peer group multiples.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EMA:
- Emera: Solid Fundamentals but Limited Near-Term Upside Keep Rating at Hold
- Emera Raises US$750 Million in U.S. Senior Notes to Refinance Debt
- Emera Raises US$750 Million in Junior Subordinated Notes Offering to Refinance Debt
- Emera price target raised to C$75 from C$74 at TD Securities
- Emera price target raised to C$74 from C$72 at BMO Capital
