Emera Incorporated (EMA:CA) — Scotiabank lowered its price target to C$76.00 from C$80.00. The target change represents a 5.0% decrease. Emera’s business includes regulated electric and natural gas utilities in Canada, the United States and the Caribbean. Looking ahead, investors will be watching whether capital investment produces sustainable earnings and cash flow growth. Rate decisions, storm-related costs, financing requirements and balance sheet management remain important to the outlook.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.