IDACORP, Inc. (IDA) Upgraded to Equal-Weight at Wells Fargo

Market Context

IDACORP, Inc. operates in the Utilities sector. The stock currently trades at $148.06 with a market capitalization of $6.8B. The stock has gained 18.8% over the past 52 weeks.

Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. Wells Fargo's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for IDACORP, Inc.

Among the 10 most recent ratings: 7 Buy, 2 Hold, 1 Sell.

Date	Firm	Rating	Price Target
Jul 22, 2026	Wells Fargo	Equal-Weight	N/A
May 05, 2026	Barclays	Overweight	N/A
Apr 21, 2026	Morgan Stanley	Overweight	N/A
Apr 08, 2026	Barclays	Overweight	N/A
Feb 24, 2026	Barclays	Overweight	N/A

Related Tools: Analyst Ratings Dashboard | View IDA Stock Page