Wells Fargo analyst Sarah Akers raised the firm’s price target on Idacorp (IDA) to $125 from $121 on higher group multiples, while keeping an Equal Weight rating on the shares. The firm notes the company reported a quiet Q1 update, with more activity later in 2025 tied to the RFP, upcoming GRC and potential new customer announcements. Wells is making no change to its EPS outlook.
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