Idacorp Inc (Symbol: IDA) shares recently surpassed the average analyst 12-month target price of $116.25, trading at $116.31 per share. This marks a key threshold for analysts, who may reconsider their price targets or valuations based on the company’s performance.
The target range among analysts varies, with estimates from a low of $107.00 to a high of $129.00, reflecting a standard deviation of $9.912. Currently, Idacorp has three strong buy ratings, no buy or hold ratings, and one strong sell rating, resulting in an average analyst rating of 2.0, where 1 is a strong buy and 5 is a strong sell.
This data was compiled from analysts covered by Zacks Investment Research, underscoring the mixed outlook investors should consider as the stock price approaches key evaluation metrics.
