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Stock impact report

Is TransAlta Corporation (TAC) the High Growth Canadian Stock to Buy Now? [Yahoo! Finance]

TransAlta Corporation Ordinary Shares (TAC) 
Last transalta corporation ordinary shares earnings: 3/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: transalta.com/investors
Company Research Source: Yahoo! Finance
On April 16, CIBC analyst Mark Jarvi lowered the firm's price target on TransAlta Corporation (NYSE:TAC) to C$24 from C$25 while maintaining an Outperformer rating. The small target reduction paired with a bullish rating indicates that analysts still see meaningful upside in the shares despite near-term market adjustments. On March 24, National Bank upgraded TransAlta Corporation (NYSE:TAC) to Outperform from Sector Perform with a C$22 price target, citing the company's potential for double-digit growth through 2029. The firm pointed to net load growth in Alberta, a recovery in power prices toward the mid-$80s per megawatt hour, and expected progress on the Keephills power plant as major catalysts. It also sees opportunity in coal-to-gas conversions beginning in 2026. Unlike many pure renewable plays that still struggle with profitability, TransAlta Corporation (NYSE:TAC) combines clean-energy growth with established cash-generating assets. This gives management flexibility to re Show less Read more
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