The Globe and Mail reports in its Friday, Aug. 18, edition that Credit Suisse analyst Andrew Kuske has reaffirmed his "outperform" recommendation for Capital Power. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kuske bumped his share target ahead by a loonie to $57. Analysts on average target the shares at $49.92. Mr. Kuske says in a note: "On August 2, Capital Power reported Q2 2023 results that were generally on the lower end of expectations largely attributable to 'ill-timed outages' versus management's expectations. Even with the weak Q2 print, Capital Power continues to expect 'strong fleetwide performance' in the balance of the year and EBITDA and FFO to 'be above the midpoints of our annual guidance.' Much of that view is attributable to the contracting and hedging program along with the expected robust Alberta power pricing, but is more cautious than prior views of 'trending to the upper end' of past expectations. The quarter clearly highlighted some operational challenges in a volatile power market and the associated impacts. Even with that view, we continue to favour the risk-reward relationship with Capital Power -- especially with the core Alberta portfolio position."