BMO Capital Maintains Outperform on Emera (EMA) With Positive Florida Electric Utility Performance

Emera Inc. (NYSE:EMA) ranks among the best performing utilities stocks to buy now. While retaining its Outperform rating, BMO Capital increased its price target for Emera Inc. (NYSE:EMA) from C$65 to C$68 on August 11. The update follows Emera’s Q2/25 results report, which BMO Capital stated supports the company’s growth expectations and balance sheet strength.

According to BMO, Emera’s Florida Electric utility is seeing “supernormal growth” of 39%, while credit indicators are steadily improving toward a target of 12%+ FFO/debt ratio.

Additionally, the firm cited positive regulatory outcomes for Emera Inc. (NYSE:EMA), which conducts about 95% of its business in regulated markets.

Emera Inc. (NYSE:EMA) is an energy and services company that primarily operates electricity and natural gas utilities, natural gas pipelines, energy marketing, and energy services firms.

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Disclosure: None. This article is originally published at Insider Monkey.