TransAlta Corporation (TA:CA) — Scotiabank lowered its price target to C$25.00 from C$27.00. The target change represents a 7.4% decrease. TransAlta operates a portfolio of power generation assets that includes thermal, wind and hydroelectric generation. Looking ahead, investors will be watching generation availability, realized power prices and returns on new investment. Fuel costs, contract coverage, capital spending and operating execution 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.