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PG&E Analyst Sees Buying Opportunity In Bankrupt California Utility's Shares
Wednesday, May 6, 2020 - 11:38am | 395Read More...Shares of PG&E Corporation (NYSE: PCG) are trading at just the right price, between the utility's rights offering and the equity backstop, which creates a “significant opportunity” for shareholders, according to Mizuho Securities. The PG&E Analyst Paul Fremont...
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Mizuho Upgrades PG&E, Expects Bankruptcy Deal By June Deadline
Tuesday, January 28, 2020 - 12:58pm | 458Read More...PG&E Corporation (NYSE: PCG) shares bounced more than 4% on Tuesday after the stock landed a big Wall Street upgrade. The Analyst Mizuho analyst Paul Fremont upgraded PG&E from Neutral to Buy and raised his price target from $21 to $22. The Thesis At this point in PG&E’s...
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Mizuho: Scana Corp. Has Strong Legal Case Against South Carolina Rate Cut
Friday, June 29, 2018 - 10:32am | 463Read More...Energy company SCANA Corporation (NYSE: SCG) announced a deal in January to be acquired by Dominion Energy Inc (NYSE: D), structured in the form of an all-stock transaction. It is against this backdrop an analyst at Mizuho Securities said Scana shares look attractive and offer roughly 26-...
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Xcel Energy's Capital Spending, Likelihood Of Colorado Project Approval Fuel Mizuho's Upgrade
Tuesday, March 27, 2018 - 3:20pm | 307Read More...Xcel Energy Inc (NASDAQ: XEL)'s s fiscal year 2018 results released Feb. 7 prompted Mizuho Securities to revisit its thesis on this utility holding company. The Analyst Analyst Paul Fremont upgraded Xcel Energy from Neutral to Buy, with a price target of $47. The Thesis Higher capital...
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UPDATE: Jefferies Downgrades OGE Energy On Low EBITDA 2014 Numbers
Wednesday, November 27, 2013 - 9:30am | 121Read More...In a report published Wednesday, Jefferies analyst Paul Fremont downgraded OGE Energy Corp (NYSE: OGE) from a Buy rating to a Hold rating and lowered the price target from $44.50 to $37.50. In the report, Jefferies says "We are downgrading OGE to Hold from Buy based on lower 2014 EBITDA provided...
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UPDATE: Jefferies Downgrades Consolidated Edison Following Inability To Reach Settlement
Thursday, November 21, 2013 - 9:58am | 126Read More...In a report published Thursday, Jefferies analyst Paul Fremont downgraded Consolidated Edison (NYSE: ED) from a Hold rating to an Underperform rating and lowered the price target from $60.00 to $49.00. In the report, Jefferies says "We are downgrading Con Ed to Underperform from Hold based on our...
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Jefferies & Company Inc. Lowers Price Target And Estimates For Constellation Energy Group, Inc. (CEG)
Monday, May 3, 2010 - 11:25am | 101Read More...Analyst Paul Fremont at Jefferies & Company Inc. has released an update on Constellation Energy Group, Inc. (NYSE: CEG). The company reported its first-quarter results, last week. Constellation reported first-quarter operating EPS of $1.43 per share, which above Jefferies’ estimate of $1.10...
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Jefferies & Company Raises Price Target For Dominion Resources, Inc. (D)
Friday, April 30, 2010 - 5:20pm | 80Read More...Analyst Paul Fremont at Jefferies & Company has released an update on Dominion Resources, Inc. (NYSE: D). On Thursday, the company reported its first-quarter results. Dominion reported first-quarter operating EPS of $0.96, which beat Jefferies’ estimate by a cent and consensus estimate by $0....
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Jefferies & Company Inc. Downgrades Empire District Electric Company (EDE) To Hold Rating
Friday, April 30, 2010 - 10:56am | 75Read More...Analyst Paul Fremont at Jefferies & Company Inc. has downgraded Empire District Electric Company (NYSE: EDE) from Buy to Hold rating. The price target for Empire District Electric Company stock has been lowered from $21 to $20. Jefferies has downgraded the company due to a lower assumed base...
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Jefferies & Company Inc. Upgrades El Paso Electric Company (EE) To Hold Rating
Friday, April 30, 2010 - 10:38am | 85Read More...Analyst Paul Fremont at Jefferies & Company Inc. has upgraded El Paso Electric Company (NYSE: EE) from Hold to Buy rating. The price target for El Paso stock has been raised from $22.50 to $25. Jefferies views the company as a low-risk utility, with above average earnings growth. The brokerage...
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Jefferies & Company Inc. Upgrades American Electric Power Company, Inc. (AEP) To Buy Rating
Friday, April 30, 2010 - 10:14am | 81Read More...Analyst Paul Fremont at Jefferies & Company Inc. has upgraded American Electric Power Company, Inc. (NYSE: AEP) from Hold to Buy rating. The price target for American Electric Power stock has been raised from $36 to $38.50. Jefferies believes that American Electric Power is a low risk,...
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Dynegy, Inc.’s (DYN) Price Target Lowered
Friday, February 26, 2010 - 8:03pm | 94Read More...Analyst Paul Fremont at Jefferies & Company, Inc. has lowered the price target for Dynegy, Inc. (NYSE: DYN) from $1.80 to $1.65. The company has reported results for the fourth-quarter. The company reported adjusted operating EPS of $0.02 for the fourth-quarter. Jefferies had forecast a loss...
