The Globe and Mail reports in its Thursday, April 24, edition that TD analyst John Mould, in a report previewing quarterly results for Canadian thermal-weighted independent power producers, reduced his share target for TransAlta to $17 from $19 with an unchanged "buy" recommendation. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $18.05. Mr. Mould says in a note: "Q1/25 average Alberta power prices of $40/MWh were soft (new supply, mild weather). We have trimmed our targets for both Capital Power and TransAlta to reflect ongoing economic uncertainty. We believe thematic tailwinds remain in place (load growth, reliability needs, potential data centre growth in Alberta). Capital Power remains our top pick (thermal asset quality, growth track record)." The Globe reported on Jan. 9 that CIBC World Markets analyst Mark Jarvi had lowered his recommendation for TransAlta to "neutral" from "outperformer." In the item, Mr. Jarvi said he was moving to the sidelines of TransAlta. The shares could then be had for $19.08. The Globe reported on April 21 that Scotia Capital analyst Robert Hope continued to rate TransAlta "sector perform." It was then worth $11.67.