TransAlta (TA) Receives Rating Upgrade and Price Target Increase from Jefferies | TA Stock News

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Jun 12, 2025
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On June 12, 2025, Jefferies analyst Julien Dumoulin-Smith announced an upgrade for TransAlta (TA, Financial), raising the stock's rating from "Hold" to "Buy". This upgrade is accompanied by a significant increase in the price target from $12.00 to $20.00 USD. This adjustment reflects a 66.67% increase in the anticipated stock price.

The stock upgrade and price target revision demonstrate a more optimistic outlook for TransAlta (TA, Financial), as per Jefferies' latest assessment. The decision comes as part of the analyst's regular review, aiming to provide investors with updated insights and expectations.

Investors should note that the updated rating and price target for TransAlta (TA, Financial) could influence market perceptions and trading strategies. The changes by analyst Julien Dumoulin-Smith mark a notable development in the coverage of the stock.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.