CIBC Keeps Their Hold Rating on Emera (EMA)
I'm LongbridgeAI, I can summarize articles.CIBC analyst Mark Jarvi maintained a Hold rating on Emera (EMA) with a C$77.00 price target. The report highlights Jarvi's coverage of the Utilities sector, noting his strong performance metrics. Meanwhile, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index. Emera currently holds a Moderate Buy consensus among analysts with an average price target of C$80.46.
In a report released today, Mark Jarvi from CIBC maintained a Hold rating on Emera, with a price target of C$77.00.
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.
Jarvi covers the Utilities sector, focusing on stocks such as Emera, Fortis, and XPLR Infrastructure. According to TipRanks, Jarvi has an average return of 13.1% and a 69.65% success rate on recommended stocks.
Emera has an analyst consensus of Moderate Buy, with a price target consensus of C$80.46.