NYSE Content Advisory: Pre-Market Update + Emera Celebrates NYSE Listing
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Market Update: Stocks are mixed as Amazon and Apple report favorable earnings, with both expected to open positively.
Trade Developments: Investors are watching the trade landscape after President Trump and Chinese leaders agreed to a one-year trade truce.
Federal Reserve Outlook: Wall Street is anticipating the next Federal Reserve meeting in December, with Chair Powell indicating that an additional rate cut is not guaranteed.
NYSE Listings: Emera celebrates its recent listing on the NYSE, while Wipro marks its 25th anniversary of being listed.
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Analyst Views on EMA
Wall Street analysts forecast EMA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EMA is 51.11 USD with a low forecast of 48.95 USD and a high forecast of 54.71 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
2 Buy
4 Hold
0 Sell
Moderate Buy
Current: 50.270
Low
48.95
Averages
51.11
High
54.71
Current: 50.270
Low
48.95
Averages
51.11
High
54.71
About EMA
Emera Incorporated is a geographically diverse energy and services company. It invests in regulated electricity generation and electricity and gas transmission and distribution, with a strategic focus on transformation from high carbon to low carbon energy sources. Its segments include Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other. Florida Electric Utility consists of Tampa Electric, a vertically integrated regulated electric utility in West Central Florida. Canadian Electric Utilities includes Nova Scotia Power Inc., a vertically integrated regulated electric utility and the electricity supplier in Nova Scotia, and a 100% equity interest in NSP Maritime Link Inc. Gas Utilities and Infrastructure include Peoples Gas System, Inc., New Mexico Gas Company, Inc., Emera Brunswick Pipeline Company Limited, SeaCoast Gas Transmission, LLC and Maritimes & Northeast Pipeline, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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