The Globe and Mail reports in its Friday, May 8, edition that TD Cowen analyst John Mould has reaffirmed his "buy" recommendation for TransAlta. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mould trimmed his share target by a loonie to $26. Analysts on average target the shares at $23. Mr. Mould says in a note: "2026 guidance was reaffirmed, with soft Q1 EBITDA and challenging Alberta power pricing mitigated by high levels of hedging. TransAlta continues to make progress on its 230 MW DC initiative (MOU with CPP, Brookfield). We anticipate further progress on the broad AB DC theme in Q2, including AESO Phase 2 updates and a potential FID for the 970 MW Kineticor allocation." The Globe reported on July 30 and Oct. 29 that Mr. Mould rated TransAlta "buy." The shares could then be had for $16.65 and $24.73. The Globe reported on March 25 that National Bank analyst Patrick Kenny had moved his recommendation for TransAlta to "outperform" from "sector perform," citing an attractive risk-reward profile. The shares were then going for $18.06.