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CIBC Downgrades Emera to Neutral, Raises Price Target to $68
ByAinvest
Tuesday, Aug 12, 2025 10:14 am ET1min read
CIBC downgraded Emera to Neutral from Outperformer with a price target of $68. The analyst notes that the company's "blowout" quarter does not have significant carry-through to future years and the stock has already re-rated. CIBC is not negative on Emera, but sees more upside in other names at current valuation levels.
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