finance.yahoo.com Β·
bmo capital maintains outperform rating 024800585
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AI insight
AI-generatedAnalyst price target adjustments reflect near-term headwinds in power pricing, but EPS growth and hedging provide support. Impact is company-specific to TransAlta (NYSE:TAC), a Canadian power generator. Commercial mechanism: revenue decline from lower realized prices partially offset by hedging gains, margin squeeze from weak power market. No direct commodity scarcity or supply chain disruption.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources β not direct quotes from the publisher.
- BMO Capital lowered TransAlta price target to C$25 from C$27, maintains Outperform.
- TD Securities lowered target to C$26 from C$27, keeps Buy.
- TransAlta Q1 adjusted EPS C$0.60 vs C$0.10 YoY.
- Revenue fell to C$565M from C$758M YoY.
- CEO cites hedging strategy supporting performance amid challenging pricing.