AltaGas Ltd. (ALA:CA) — Scotiabank lowered its price target to C$61.00 from C$62.00. The target change represents a 1.6% decrease. AltaGas combines regulated utility operations with a North American midstream energy business. Looking ahead, investors will be watching regulated earnings growth and the cash contribution from midstream infrastructure. Project spending, export activity, financing costs and balance sheet discipline remain important to the outlook.
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