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flag Analysts raised price targets for Fortis, a major North American utility, despite a "Hold" consensus rating.

flag Financial analysts have raised their price targets for Fortis (TSE:FTS), a utility company serving over 3.4 million customers in North America. flag Raymond James set a target of C$62.50, while Royal Bank of Canada raised its target to C$69.00. flag The average target is C$62.45, with a consensus "Hold" rating. flag Fortis recently declared a quarterly dividend of $0.615 per share, with a 3.96% yield.

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