TransAlta ( TSE:TA – Free Report ) (NYSE:TAC) had its target price trimmed by Canadian Imperial Bank of Commerce from C$26.00 to C$24.50 in a research note published on Tuesday morning,BayStreet reports.
TA has been the subject of a number of other research reports. Royal Bank Of Canada set a C$24.00 target price on shares of TransAlta and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Scotia set a C$27.00 price target on shares of TransAlta and gave the company a “sector outperform” rating in a report on Wednesday, June 10th. Scotiabank upgraded shares of TransAlta to a “strong-buy” rating in a research note on Wednesday, June 10th. ATB Cormark Capital Markets set a C$28.00 price objective on shares of TransAlta and gave the company an “outperform” rating in a report on Wednesday, June 10th. Finally, TD set a C$26.00 price objective on shares of TransAlta and gave the company a “buy” rating in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consen...