UBS analyst Gregg Orrill upgraded Portland General Electric to Buy from Neutral with a price target of $45, down from $47. Portland General Electric is a high graded growth story, and the firm raised its CapEx forecast to $0.5B to $5B for 2024-2027 and EPS growth rate to 6.4% vs. the $3.6B guidance and 6% prior forecast EPS growth rate, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on POR:
- Portland General Electric price target lowered to $45 from $47 at Barclays
- Portland General Electric price target raised to $43 from $40 at Mizuho
- Ex-Dividend Date Nearing for These 10 Stocks – Week of December 18, 2023
- Barclays upgrades Portland General on potential 2024 earnings upside
- Barclays gets more bullish on Portland General Electric, upgrades shares
