The Globe and Mail reports in its Friday edition that Scotia Capital analyst Robert Hope continues to rate TransAlta "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Hope gave his share target a $4 trim to $17. Analysts on average target the shares at $18.77. Mr. Hope says in a note: "In these uncertain markets, we expect investors will find the stability and defensiveness of the energy infrastructure space attractive. Despite tariffs, concerns on global growth, and volatile commodity prices, our earnings outlooks are resilient and largely unchanged. Looking to Q1/25, on balance, our estimates are slightly below consensus. We are generally above consensus for the utility group (and especially so for Emera), which should benefit from a cold winter. We are calling for some sizable misses in the power space (NPI-T, TA-T) as offshore generation is expected to be weak and Alberta pricing is soft. We see the most investor interest in the pipeline/mid-stream and utility companies. We prefer the gas-levered pipeline/mid-stream names, followed by the utility group then the renewables." The Globe reported on Feb. 19 that CIBC rated TransAlta "outperformer." It was then worth $15.03.