The Globe and Mail reports in its Friday, March 6, edition that National Bank Financial analyst Patrick Kenny is sticking with his "outperform" call for Capital Power. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kenny jacked up his share target by a loonie to $75. Analysts on average target the shares at $76.33. Mr. Kenny tweaked his share target ahead after Capital Power posted "solid" fourth quarter results. He expressed enthusiasm for potential data centre expansions in the Pennsylvania-New Jersey-Maryland interconnection (PJM), which is the United States' biggest power market. Mr. Kenny says in a note: "Based on changes to our estimates, our target nudges up $1 to $75 while the company continues to execute on extending its U.S. asset contracts for longer duration on attractive terms, while also working toward finalizing its 250 MW Alberta data centre MOU agreement. Combined with a $78 SOTP [sum-of-the-parts] valuation, we maintain our 'outperform' rating ahead of further upside potential from PJM data centre expansion opportunities related to the RBA, expected by September." The Globe reported on Dec. 18 that Mr. Kenny rated Capital Power "outperform." It was then worth $59.57.