The Globe and Mail reports in its Tuesday, Oct. 28, edition that RBC Dominion Securities analyst Robert Kwan is bullish on Fortis ($35.75). The Globe's Tim Shufelt and Darcy Keith write in the Eye On Equities column that Mr. Kwan hiked his rating on Fortis to "outperform" from "sector perform." Mr. Kwan holds the belief that now is a good time to load up on Fortis shares as the utility takes a pause in making acquisitions to focus on growing organic earnings. Mr. Kwan raised his price target to $40 from $37. The consensus target, according to Thomson Reuters, is $36.75. The Globe's John Heinzl recommended buying Fortis on April 30, when it could be had for $32.02. He recommended Fortis again on June 25. The shares could then be had for $32.09. The Globe's Craig McGee said buy Fortis in the Number Cruncher column on July 17. The shares could then be had for $32.94. CIBC World Markets analyst Paul Lechem rated the shares "sector outperformer" in the Eye column on Aug. 6. He raised his target price to $37 from $35. The shares could then be had for $33.61. The Globe's John Heinzl recommended buying Fortis in the Yield Hog column on Oct. 8. The shares were then going for $35.03.