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PG&E Receives Multiple Upgrades Following New California Wildfire Legislation
Tuesday, September 4, 2018 - 3:10pm | 397The state of California last week passed SB 901, a piece of legislation that includes language that reduced the wildfire liability risk for PG&E Corporation (NYSE: PCG). Wall Street is taking notice, and PG&E stock received a pair of upgrades. The Analysts Bank of America analyst Julien...
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UPDATE: ISI Group Downgrades Entergy as Thesis is Not Panning Out as Anticipated
Monday, November 11, 2013 - 12:20pm | 193In a report published Monday, ISI Group analyst Greg Gordon downgraded the rating on Entergy (NYSE: ETR) from Buy to Neutral, and lowered the price target from $70.00 to $64.00. In the report, ISI Group noted, “At EEI, ETR provided three valuable modeling parameters through '16. At their utilities...
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UPDATE: ISI Group Upgrades Dominion Resources on Value Proposition from Proposed MLP
Monday, September 16, 2013 - 12:18pm | 156In a report published Monday, ISI Group analyst Greg Gordon upgraded the rating on Dominion Resources (NYSE: D) from Hold to Buy, and raised the price target from $61.00 to $66.00. In the report, ISI Group noted, “We are late seeing the value proposition derived from D's gas infrastructure...
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UPDATE: ISI Group Upgrades ITC Holdings on Positive Forecast
Thursday, August 15, 2013 - 9:24am | 221In a report published Thursday, ISI Group analyst Greg Gordon upgraded ITC Holdings (NYSE: ITC) from Neutral to Buy, and raised the price target from $88.00 to $100.00. In the report, ISI Group noted, “We are upgrading ITC to buy from neutral and raising 12-month target price to $100, which is...
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UPDATE: ISI Group Downgrades PG&E Following CPSD Amended Reply Brief Filing
Wednesday, July 17, 2013 - 10:07am | 203In a report published Wednesday, ISI Group analyst Greg Gordon downgraded PG&E (NYSE: PCG) from Buy to Neutral, but reiterated the $45.75 price target. In the report, ISI Group noted, “The CPSD filed an amended reply brief on 7/16/13 in the San Bruno pipeline proceeding, which modified its...