Investment Analysts’ Weekly Ratings Changes for Fortis (FTS)

A number of firms have modified their ratings and price targets on shares of Fortis (NYSE: FTS) recently:

• 5/23/2026 – Fortis was downgraded by Wall Street Zen from “hold” to “sell”.
• 5/8/2026 – Fortis had its price target lowered by Barclays PLC from $62.00 to $61.00. They now have an “overweight” rating on the stock.
• 5/7/2026 – Fortis had its “market perform” rating reaffirmed by BMO Capital Markets.
• 5/7/2026 – Fortis had its “buy” rating reaffirmed by TD Securities.
• 4/28/2026 – Fortis is now covered by Barclays PLC. They set an “overweight” rating and a $62.00 price target on the stock.
• 4/28/2026 – Fortis is now covered by Barclays PLC. They set an “overweight” rating and a $62.00 price target on the stock.
• 4/21/2026 – Fortis had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/20/2026 – Fortis had its “outperform” rating reaffirmed by Canadian Imperial Bank of Commerce.
• 4/19/2026 – Fortis was upgraded by Wall Street Zen from “sell” to “hold”.
• 4/11/2026 – Fortis was downgraded by Wall Street Zen from “hold” to “sell”.

Fortis Inc is a Canadian diversified electric and gas utility holding company headquartered in St. John’s, Newfoundland and Labrador. Through a portfolio of regulated utility subsidiaries, the company develops, owns and operates electricity and natural gas transmission, distribution and generation assets. Fortis serves customers across multiple jurisdictions in Canada, the United States and the Caribbean, focusing on the delivery of safe, reliable energy to residential, commercial and industrial users.

The company’s core activities include operation and maintenance of transmission and distribution networks, ownership of generation facilities, and investment in grid modernization and system resilience.