Emera Inc

EMA: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 42.00	Yylzwv	Jtyfbrjzs

Utilities Finally Feel Heat From Rising Interest Rates; Sector Cheapest Since 2009

Andrew Bischof

Oct 2, 2023

We are reaffirming our fair value estimates and economic moat ratings for all U.S. utilities after the sector fell nearly 5% on Monday. We think the sector's 11% drop since last week offers a rare opportunity for investors to buy high-quality utilities at very attractive prices.

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