The Globe and Mail reports in its Friday, Aug. 25, edition that Credit Suisse analyst Andrew Kuske shaved his share target for Fortis by a loonie to $60.50 after previewing the company's Investor Day event scheduled for Sept. 19. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $59.61. Mr. Kuske continues to rate Fortis "neutral." Mr. Kuske says in a note: "We anticipate capital numbers with potentially an upside bias, but not an explicit change to growth rates other than a traditional lengthening of the time frame by one year. The potential for 4- to 6-per-cent dividend growth until 2028 (yes, a focus on dividend versus EPS) is likely to be underpinned by portfolio rate base growth. We note a few areas of upside potential may exist within the Arizona, British Columbia and ITC units with the reverse alphabetical order being greatest to least, in our view (ITC and BC the most with Arizona being the least). The potential for upside would seem likely to come from a combination of greater transmission wins in the ITC footprint, various natural gas activities in B.C. and the ongoing broader net zero related objectives across the portfolio."