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Fly News Breaks for January 16, 2020
TAC
Jan 16, 2020 | 05:24 EDT
Credit Suisse analyst Andrew Kuske upgraded TransAlta to Outperform from Neutral with a price target of C$14, up from C$10. The company's business plans and market environment "have been progressively positive," yet the stock has not yet inflected meaningfully, Kuske tells investors in a research note. His upgrade reflects greater market confidence in Alberta as well as generally above consensus estimates on multiple metrics.
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