Barclays initiated coverage of Idacorp (IDA) with an Overweight rating and $144 price target The company is positioned for 10% annual earnings growth through 2028 amid robust load growth, the analyst tells investors in a research note. The firm views the shares as attractively valued withe a constructive Idaho rate case and plans to increase capital expenditures through 2029.
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Read More on IDA:
- IdaCorp Wins Approval for Idaho Power Rate Increase
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