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Fly News Breaks for December 3, 2019
FTS
Dec 3, 2019 | 15:59 EDT
BMO Capital analyst Ben Pham resumed coverage of Fortis with a Market Perform rating and C$55 price target following the company's C$1.1B equity offering. While the stock offering is 2-3% dilutive to his near-term estimates, it reduces future equity needs and has positive near-term credit and balance sheet implications, Pham tells investors.
News For FTS From the Last 2 Days
FTS
Apr 22, 2024 | 10:56 EDT
Scotiabank lowered the firm's price target on Fortis to C$56 from C$60 and keeps a Sector Perform rating on the shares.
