The Globe and Mail reports in its Wednesday, Feb. 18, edition that National Bank Financial analyst Patrick Kenny has reaffirmed his "sector perform" recommendation for Fortis. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kenny gave his share target a $2 boost to $74. Analysts on average target the shares at $75.56. Mr. Kenny says in a note, "Combined with regulatory tailwinds on deck coupled with continued power demand growth in Arizona and several opportunities to expand growth across the portfolio through 2030 and beyond, we maintain our 'sector perform' rating despite the name trading at approximately 1.7 times 2027 estimated EV/EBITDA, representing a 0.8-times premium to its 10-year average historical multiple." The Globe reported on Aug. 23, 2024, and Dec. 18, 2025, that Mr. Kenny rated Fortis "sector perform." The shares could then be had for $59.49 and $71.18. The Globe reported on Feb. 13, 2026, that RBC Capital analyst Maurice Choy had reaffirmed his "sector perform" recommendation for Fortis. The shares could then be had for $77.42.