Northeast Utilities

International Strategy & Investment has published a report on Northeast Utilities (NYSE: NU). In the report, International Strategy & Investment wrote, "On July 18, the Boston Globe reported that an intervening party in the NU/NST merger case, the MA Department of Energy Resources (“DOER...

Bank of America is providing commentary on Northeast Utilities (NYSE: NU). “On 6/2, the Connecticut Department of Public Utility Control (DPUC) issued a draft decision, authorizing a cumulative decrease of about $5m below current revenues, substantially lower than the cumulative increase of about...

Wunderlich Securities increased its price target on Northeast Utilities (NYSE: NU) to $37 after better than expected Q1 results. In a research report published today, Wunderlich underlined bad weather and higher rates as reasons for Northeast's good performance, which was not enough to make...

Morgan Stanley has discontinued coverage on the following companies: FirstEnergy Corp. (NYSE: FE), NextEra Energy (NYSE: NEE), NSTAR (NYSE: NST), Northeast Utilities (NYSE: NU),NV Energy (NYSE: NVE),PG&E Corporation (NYSE: PCG).

Wunderlich is out with its report today on Northeast Utilities (NYSE: NU), raising its PT from $31 to $33. In a note to clients, Wunderlich writes, "Hold-rated Northeast Utilities reported 4Q10 operating EPS of $0.69 vs. $0.48 a year ago (our estimate was $0.66). The 4Q10 results reflected better-...

Wunderlich Securities has raised the price target on Northeast Utilities (NYSE: NU) from $31 to $33 and maintains its Hold rating.

Northeast Utilities (NYSE: NU) - ($29.84, Hold) is believed by Wunderlich to face year-over-year earnings benefits as certain expense items appear to be recorded in earnings that potentially are non-recurring in nature, as amounts are treated as such for executive compensation plans. Wunderlich...

Northeast Utilities System (NYSE: NU) is being downgraded to Hold (from Buy) based on valuation, according to Wunderlich Securities, as shares are within 2% of the $30 price target. EPS are unchanged at $1.95/$2.20/$2.40 for 2010/2011/2012, respectively. Wunderlich reports that NEEWS is NU's large...

Wunderlich Securities has noted accounting risk areas from reviewing 10-Qs recently filed as the following areas: benefits from purchase accounting (reversals in liabilities benefiting SG&A expenses), exposure for changes in Brazilian tax laws (denying interest deductions on certain debts)...

Northeast Utilities (NYSE: NU) is expected to deliver above average EPS CAGR of 6.5% through 2014 by growth at distribution and generation (9.4% CAGR), and it is believed that the stock is already pricing in long-term outlook, according to Deutsche Bank. Deutsche reports that NU raised 2010...