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What Happened With Vistra, Constellation Energy Stocks Today?
Thursday, October 3, 2024 - 5:36pm | 433Vistra Corp. (NYSE:VST) and Constellation Energy Corp. (NASDAQ:CEG) shares traded higher Thursday after RBC Capital raised price targets on both stocks amid growing demand for energy to power data centers and other AI infrastructure. The Details: Energy stocks continue to climb as demand for...
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Why This NextEra Energy Analyst Is No Longer Bullish
Monday, July 1, 2024 - 12:01pm | 292NextEra Energy Partners LP (NYSE:NEP) shares tanked in early trading on Monday. The company has a "challenging road ahead," with "insufficient growth from wind repowering and the looming ~$3.7B CEPF liabilities post-2026," according to RBC Capital Markets. The NextEra Energy Partners Analyst:...
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Why This NextEra Energy Partners Analyst Is Turning Bullish
Friday, June 17, 2022 - 12:57pm | 219NextEra Energy Partners LP (NYSE: NEP) has flattened the incentive distribution rights (IDR) fees with its indirect wholly-owned subsidiary NextEra Energy Inc. (NYSE: NEE), according to RBC Capital Markets. The NextEra Energy Partners Analyst: Shelby Tucker upgraded the rating for NextEra Energy...
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Wall Street Reacts To The Latest PG&E Liability Ruling
Friday, January 25, 2019 - 11:45am | 563PG&E Corporation (NYSE: PCG) investors recieved some much-needed good news Thursday that sent the stock skyrocketing nearly 75 percent. PG&E was cleared of liability for the 2017 California wildfires, and several Wall Street analysts have already weighed in on what the latest news means for...
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Analyst Cuts PG&E Price Target By 82%, But Still Sees Some Value
Friday, January 18, 2019 - 10:55am | 420The announcement that California utility company PG&E Corporation (NYSE: PCG) is preparing for bankruptcy sent shares of the battered stock tumbling more than 62 percent this week. However, one Wall Street analyst said Friday there may still be value in the stock. The Analyst RBC Capital...
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RBC Says Stick With Infrastructure Stocks Until The Fed Raises Rates
Wednesday, November 25, 2015 - 3:51pm | 643Shelby Tucker of RBC Capital Markets commented in a note that the "most impactful" catalyst to the markets over the next three to six months will come from the Federal Reserve. Tucker added that investors are "still waiting" for power markets to recover and YieldCos to "settle down." The analyst...
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Oppenheimer Raises Price Target For Dominion Resources, Inc. (D)
Monday, May 10, 2010 - 8:04am | 105Analysts Shelby Tucker and Andrew Uerkwitz at Oppenheimer have raised the price target for Dominion Resources, Inc. (NYSE: D) from $40 to $41. Analysts have also revised their FY10-FY13 EPS estimates for the company. The new estimates are $3.27, $3.26, $3.38, and $3.56 for FY10, FY11, FY12, and...
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Oppenheimer Maintains Outperform Rating For PG&E Corporation (PCG)
Monday, May 10, 2010 - 7:47am | 90Analysts Shelby Tucker and Ellen Ngai at Oppenheimer have maintained their Outperform rating for PG&E Corporation (NYSE: PCG). As a result of the lowering interest expenses due to lower outstanding balances on liabilities, analysts have slightly raised their FY10 and FY11 EPS estimates for the...