The Globe and Mail reports in its Wednesday, Oct. 29, edition that in a third quarter earnings preview for Canadian thermal-weighted independent power producers (IPPs), TD Cowen analyst John Mould raised his share targets for Capital Power to $78 from $72 and TransAlta to $27 from $20 with "buy" ratings for both. The averages are $71.79 and $20.73. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares of Capital Power and TransAlta at $78 and $72. Mr. Mould says in a note: "Q3/25 average Alberta power prices of $51/MWh were supported by a warm September. We have raised our targets for Capital Power and TransAlta primarily due to expanded valuation parameters we view as supported by thematic tailwinds that we believe remain in place for the sector (load growth, reliability, potential data centre growth in Alberta). Capital Power remains our top pick (thermal asset quality, growth track record)."