RBC Capital Downgrades TransAlta (TAC) to Underperform

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Go back to RBC Capital Downgrades TransAlta (TAC) to Underperform

TD Securities Downgrades TransAlta (TAC) to Hold

May 4, 2016 7:59 AM EDT

TD Securities downgraded TransAlta (NYSE: TAC) from Buy to Hold with a price target of C$7.50.

Analyst Linda Ezergailis said, "Given the recent share-price appreciation despite what we consider as some deterioration in Alberta and Pacific Northwest power fundamentals, along with continued uncertainty in Alberta... More