What changed in the HRNNF analyst rating on February 18, 2026?

TD Securities maintained a **Hold** and raised the price target to **C$57** from **C$56** on February 18, 2026. The firm left its recommendation unchanged while modestly increasing valuation assumptions.

How should investors interpret a Hold with a higher price target for HRNNF?

A Hold with a higher price target suggests modest upside but no clear buy signal. Investors should monitor earnings, regulatory news, and price action against the **C$57** target before changing positions.

Where can I read the TD Securities note and related earnings details for HRNNF?

TD’s note is summarized by TheFly here [source](https://thefly.com/permalinks/entry.php/id4295308/0166286394/HRNNF-Hydro-One-price-target-raised-by-C-at-TD-Securities). For company results see the Q4 2025 call transcript on Seeking Alpha [source](https://seekingalpha.com/article/4870114-hydro-one-l限

Analyst Ratings

TD Securities Maintains Hold on Hydro One Limited (HRNNF) Feb 18, 2026, PT C$57

ByHuzaifa Zahoor February 19, 2026February 19, 2026

On February 18, 2026 TD Securities maintained a Hold on Hydro One Limited and raised the price target to C$57 — the core of the HRNNF analyst rating update. This action signals a modestly improved valuation view while keeping the near-term recommendation unchanged. The note, logged at 10:52 AM, follows recent company updates and comes as the stock showed a -1.28% (-$0.54) move since the report. Investors tracking HRNNF analyst rating should weigh the raised price target against earnings drivers and regulatory context.