The Globe and Mail reports in its Thursday, Oct. 23, edition that Desjardins Securities analyst Brent Stadler continues to rate Fortis "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Stadler gave his share target a $3 boost to $79. Analysts on average target the shares at $71.54. Mr. Stadler says in a note: "We have maintained our 3Q25E EPS, which is roughly in line with consensus. Year over year, we expect rate-base growth at ITC to be partially offset by higher financing costs and lower CDDs (down 9 per cent year-over-year), which could modestly affect consumption in Arizona. With the results, we will be looking for Fortis's updated capital outlook and commentary on the Project Blue data centre agreement. Fortis is in several exciting and attractive markets that should lead to significant growth as we move further into the energy expansion era." The Globe reported on Aug. 6 that Mr. Stadler had elevated his recommendation for Fortis to "buy" from "hold." It was then worth $69.43. The Globe reported on Oct. 7 that Scotia Capital analysts Andrew Weisel and Robert Hope had rated Fortis "sector perform." The shares could then be had for $70.42.