CIBC Reaffirms Outperform Rating While Raising Fortis (FTS) Price Target

Fortis Inc. (NYSE:FTS) is included among the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term. CIBC Reaffirms Outperform Rating While Raising Fortis (FTS) Price Target Image by Steve Buissinne from Pixabay CIBC​ lifted its pri⁠ce t⁠arget fo‍r Fortis Inc. (NYSE:FTS) to C$75 from C$74 on November 5 and maintained its Outperformer rating, according to a report by the Fly. In its third quarter earnings report, Fortis Inc. (NYSE:FTS) announced that it has spent about $4.2 billion on capita ...