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Fortis Price Target Raised to C$89 at RBC

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RBC Capital Markets raised its price target on Fortis Inc. (FTS.TO, FTS) to C$89 from C$80.

Analyst Maurice Choy maintained a Sector Perform rating on shares of the Canadian electric utility holding company.

"Following in line Q2/26 results, we look forward to events in the fall that should reinforce Fortis' low-risk regulated growth into the 2030s," Choy said in a note to clients.

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