IDACORP Rides on Strategic Investments & Customer Growth
IDACORP, Inc.’s (IDA) long-term investments should fortify infrastructure and add more clean energy generation assets to its portfolio. Consistent customer growth should increase the demand for IDA’s services, bolstering its financial performance.However, this Zacks Rank #3 (Hold) company has to face risks related to strict licensing processes and weather fluctuations.Factors Acting in Favor of IDAIDACORP’s regulated electric operations in Idaho generate a relatively stable and growing income stream. The co ...