I'm LongbridgeAI, I can summarize articles.Jefferies analyst Julien Dumoulin Smith maintained a Buy rating on TransAlta (TAC) with a C$24.00 price target. The report highlights the analyst's strong track record, including a 63.83% success rate. Additionally, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index. TransAlta currently holds a Strong Buy consensus with an average price target of C$24.27.
In a report released today, Julien Dumoulin Smith from Jefferies maintained a Buy rating on TransAlta, with a price target of C$24.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Dumoulin Smith covers the Utilities sector, focusing on stocks such as Fortis, FirstEnergy, and Exelon. According to TipRanks, Dumoulin Smith has an average return of 10.4% and a 63.83% success rate on recommended stocks.
TransAlta has an analyst consensus of Strong Buy, with a price target consensus of C$24.27.