The Globe and Mail reports in its Friday, Nov. 10, edition that RBC analyst Maurice Choy has reaffirmed his "sector perform" ranking for Hydro One. The Globe's David Leeder writes that Mr. Choy boosted his share target by a loonie to $37. Analysts on average target the shares at $38.21. Mr. Choy says in a note: "Between the solid Q3/23 results, being awarded additional transmission line projects that will support its long-term growth, and delivering the Chatham to Lakeshore transmission project early and below budget, we believe Hydro One's business fundamentals remain strong, with a potential for a 2027 EPS guidance upgrade when it releases its Q4/23 results. Whilst Hydro One's stock remains 'sector perform'-rated due to its valuation versus North American peers, the stock continues to be a good relative option for investors concerned with a potential recession, and are therefore seeking defensive exposure." The Globe reported on Nov. 11, 2021, Nov. 15, 2022, and Sept. 12, 2023, that Mr. Choy rated Hydro One "sector perform." The shares could then be had for $30.37, $34.06 and $35.79. The Globe reported on Sept. 19, that Scotia Capital rated Hydro One "sector perform." The shares were then worth $36.19.