CIBC analyst Mark Jarvi upgraded Emera (EMRAF) to Outperformer from Neutral with a price target of C$58, up from C$54. The firm believes the upcoming Tampa Electric rate case decision on December 3 and investor day on December 4 will affirm that Emera is on a better path forward.
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Read More on EMRAF:
- Emera upgraded to Buy from Neutral at BofA
- Emera Appoints Karen Sheriff as New Board Chair
- Emera Inc. Reports Q3 2024 Financial Performance
- EMRAF Upcoming Earnings Report: What to Expect?
- Emera price target raised to C$55 from C$50 at CIBC
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.