Emera Incorporated shares reached a new 52-week high on Tuesday. Desjardins upgraded its price target for the stock from C$70.00 to C$74.00. The stock peaked at C$77.80 during intraday trading before closing at C$76.38.
Several research firms recently increased their price targets, resulting in a consensus Moderate Buy rating. The stock has maintained a year-to-date gain of nearly 13% despite a 1.04% daily dip.
Emera will discuss its second-quarter 2026 financial results during a teleconference on August 7. The company also recently affirmed its quarterly dividend of C$0.7325 per share.