-
UPDATE: Morgan Stanley Reiterates on Edison International Following Settlement Agreement
Friday, March 28, 2014 - 9:06am | 144In a report published Friday, Morgan Stanley analyst Rajeev Lalwani reiterated an Overweight rating on Edison International (NYSE: EIX), but removed the $58.00 price target. In the report, Morgan Stanley noted, “After the close yesterday EIX announced a settlement related to its retired nuclear...
-
UPDATE: Morgan Stanley Reiterates on PPL as All Eyes Are on Supply
Thursday, March 13, 2014 - 10:30am | 96In a report published Thursday, Morgan Stanley analyst Rajeev Lalwani reiterated an Equal-Weight rating on PPL (NYSE: PPL), but lowered the price target from $33.00 to $32.00. In the report, Morgan Stanley noted, “Following rate resolution in the UK, extracting value from the merchant business is...
-
UPDATE: Morgan Stanley Reiterates on Northeast Utilities System Following Analyst Conference
Friday, February 7, 2014 - 10:26am | 114In a report published Friday, Morgan Stanley analyst Rajeev Lalwani reiterated an Equal-Weight rating on Northeast Utilities System (NYSE: NU), and raised the price target from $42.00 to $43.00. In the report, Morgan Stanley noted, “At yesterday's analyst conference NU management continued to...
-
Morgan Stanley Downgraded Pattern Energy, Raising Price Target
Tuesday, January 7, 2014 - 9:30am | 219In a report published Tuesday, Morgan Stanley analyst Rajeev Lalwani downgraded Pattern Energy Group (NASDAQ: PEGI) to Equal-weight from Overweight, raising its price target from $26.50 to $31.00. According to the report, PEGI shares are up 43 percent since the IPO in October, but it is believed...
-
UPDATE: Morgan Stanley Initiates Coverage on Northeast Utilities System on Attractive Growth, Limited Upside
Monday, October 7, 2013 - 10:54am | 90In a report published Monday, Morgan Stanley analyst Rajeev Lalwani initiated coverage on Northeast Utilities System (NYSE: NU) with an Equal-Weight rating and $43.00 price target. In the report, Morgan Stanley noted, “NU offers robust annual earnings growth of 6-9% to 2015. While this growth is...
-
UPDATE: Morgan Stanley Initiates Coverage on ITC Holdings as Growth Continues, ROE Risk Subsides
Monday, October 7, 2013 - 10:45am | 99In a report published Monday, Morgan Stanley analyst Rajeev Lalwani initiated coverage on ITC Holdings Corp. (NYSE: ITC) with an Overweight rating and $105.00 price target. In the report, Morgan Stanley noted, “ITC shares trade in-line with peers, but warrant a large premium as we forecast 5-year...
-
UPDATE: Morgan Stanley Initiates PPL at Equal-Weight on Transition
Tuesday, July 16, 2013 - 8:31am | 102In a report published on Tuesday, Morgan Stanley analyst Rajeev Lalwani initiated coverage on PPL (NYSE: PPL) with an Equal-Weight rating and a $32 price target. In the report, Morgan Stanley stated, "PPL is transitioning from a diversified utility to a lower-risk regulated company, in our view...