-
Portland General Electric Shareholders Beware, Goldman Rates Sell
Monday, June 6, 2016 - 9:54am | 196Read More...Goldman Sachs’ Michael Lapides believes near-term headwinds could potentially drive modest multiple compression for Portland General Electric Company (NYSE: POR), moving the stock back to its historical discount to regulated peers. Lapides downgraded the rating on the company from Neutral to...
-
Goldman Sachs Puts Entergy On Conviction Buy List
Monday, June 6, 2016 - 9:33am | 296Read More...Goldman Sachs’ Michael Lapides expressed concern regarding utilities over the next 12 months, given the 10-year U.S. Treasury is expected to persist below 3 percent through 2017. Lapides maintains a Buy rating on Entergy Corporation (NYSE: ETR), while raising the price target from $87 to $88...
-
3 Reasons Goldman Sachs Takes Sempra Energy Off Conviction Buy List
Monday, June 6, 2016 - 8:32am | 322Read More...Goldman Sachs has downgraded Sempra Energy (NYSE: SRE) to Neutral from Buy, and removed the shares from America's Conviction List on consensus EPS risk, limited near-term catalysts and valuation. The Downgrade "Near-term EPS risk remains a headwind and we see downside relative to consensus for 2016...
-
CenterPoint Energy Upgraded At Goldman, Despite Weakness In The Utility Sector
Monday, May 9, 2016 - 11:05am | 282Read More...Goldman Sachs has upgraded CenterPoint Energy, Inc. (NYSE: CNP) to Neutral from Sell, despite weakness in the utility sector. "Utility valuations overall do not appear attractive, but we believe CNP presents investors with solid dividend yield, given improving cash flows," analyst Michael Lapides...
-
Return Potential Expected In WEC Energy
Monday, August 31, 2015 - 7:34am | 253Read More...WEC Energy Group Inc (NYSE: WEC) shares have declined by 10 percent year-to-date, and are currently trading close to the midpoint of their 52-week range of $42.53 - $58.01. Goldman Sachs analyst Michael Lapides maintained a Buy rating for the company, while adding it to the Americas...
-
UPDATE: Goldman Sachs Upgrades Westar Energy on Above-Average LT Dividend Growth Ahead
Monday, December 2, 2013 - 11:45am | 127Read More...In a report published Monday, Goldman Sachs analyst Michael Lapides upgraded the rating on Westar Energy (NYSE: WR) from Neutral to Buy, and raised the price target from $33.00 to $34.00. In the report, Goldman Sachs noted, “We upgrade Westar Energy (WR) to Buy from Neutral with 13% total return...
-
UPDATE: Goldman Sachs Reiterates Neutral on Great Plains
Monday, November 18, 2013 - 8:42am | 103Read More...In a report published Friday, Goldman Sachs analyst Michael Lapides maintained a Neutral rating on Great Plains Energy (NYSE: GXP) and raised the price target from $23.00 to $24.00. In the report, Goldman Sachs says "We update our 2013/14/15/16 EPS estimates from $1.63/$1.67/$1.72/$1.81 to $1.63/$...
-
UPDATE: Goldman Sachs Downgrades Cleco on Lower Estimates
Monday, June 24, 2013 - 9:17am | 211Read More...In a report published Monday, Goldman Sachs analyst Michael Lapides downgraded the rating on Cleco (NYSE: CNL) from Buy to Neutral, and lowered the price target from $48.00 to $45.00. In the report, Goldman Sachs noted, “We lower our estimates and downgrade CNL to Neutral from Buy, as our new...
-
UPDATE: Goldman Sachs Upgrades Portland General Electric on Multiple Positive Factors
Monday, June 24, 2013 - 9:14am | 153Read More...In a report published Monday, Goldman Sachs analyst Michael Lapides upgraded the rating on Portland General Electric (NYSE: POR) from Neutral to Buy, and raised the price target from $31.00 to $34.00. In the report, Goldman Sachs noted, “We upgrade Portland General (POR) to Buy from Neutral,...
-
Goldman Sachs Lowers Pacific Gas & Electric (PCG) Price Target
Monday, March 1, 2010 - 9:47am | 149Read More...Goldman Sachs analysts Michael Lapides, Jaideep Malik, Zac Hurst, and Neil Mehta maintained their Neutral rating for shares of Pacific Gas & Electric Co. (NYSE: PCG) and lowered their price target from $47 to $46. The primary risks facing Pacific Gas & Electric Co. included the possibility...
