The Globe and Mail reports in its Wednesday, May 7, edition that Desjardins Securities analyst Brent Stadler has reaffirmed his "hold" recommendation for TransAlta. The Globe's David Leeder writes in the Eye On Equities column that Mr. Stadler gave his share target a $2 trim to $14. Analysts on average target the shares at $17.82. Mr. Stadler says in a note: "We reduced our 1Q25 estimates for recent Alberta power market data and we are now at the low end of TransAlta full-year guidance. Investor focus will be on the Alberta power market outlook for the rest of 2025, Centralia recontracting update and the Alberta data centre opportunity, including signing an MOU by mid-2025. We have reduced our 1Q25 estimates to reflect: (1) 1Q25 average spot pricing of $40/MWh, generation per the AESO website and expectations for lower power price volatility; and (2) expectations for higher corporate expenses related to the data centre opportunity. Our FCF/share estimate declined to 44 cents (from 47 cents) following the lower EBITDA. ... As we enter the shoulder season for power prices, it is possible they will remain a bit depressed until the summer. We believe warm weather could help ensure TransAlta hits its guidance."