BofA analyst Ross Fowler raised the firm’s price target on Idacorp (IDA) to $140 from $134 and keeps a Buy rating on the shares. The firm, which maintains its FY26 and FY27 estimates at $6.45 and $6.93, respectively, notes that its revised price target reflects 2027 EPS of $6.93 at a peer multiple plus a 15% premium for growth visibility and jurisdictional quality in Idaho.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IDA:
- Idacorp initiated with an Overweight at Barclays
- IdaCorp Wins Approval for Idaho Power Rate Increase
- Idacorp price target lowered to $129 from $135 at UBS
- Idacorp upgraded to Overweight from Equal Weight at Morgan Stanley
- IdaCorp’s Enhanced Capital Expenditure Plans Drive Buy Rating and Future Growth Prospects
