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Portland GE Updates 2023 Clean Energy Plan

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Portland GE Updates 2023 Clean Energy Plan

Confident Investing Starts Here:

An announcement from Portland GE ( (POR) ) is now available.

On June 18, 2025, Portland General Electric Company submitted a regulatory filing to the Public Utility Commission of Oregon to update its 2023 Clean Energy Plan and Integrated Resource Plan. The update includes a new Preferred Portfolio and adjusts the renewable energy capacity needs, increasing the range to 3,500 to 4,500 MW. This update aims to further conversations with stakeholders and continue progress towards emissions targets while maintaining service reliability and cost-effectiveness.

The most recent analyst rating on (POR) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Portland GE stock, see the POR Stock Forecast page.

Spark’s Take on POR Stock

According to Spark, TipRanks’ AI Analyst, POR is a Outperform.

Portland GE’s overall score reflects robust financial performance with notable revenue growth and effective cost management. Despite technical analysis indicating potential caution, valuation metrics remain attractive. The company’s strategic focus on growth and stability, alongside positive earnings call sentiment, reinforces its potential for sustained performance.

To see Spark’s full report on POR stock, click here.

More about Portland GE

Portland General Electric Company (PGE) operates in the energy industry, focusing on providing electricity services. The company is engaged in developing and implementing clean energy plans and integrated resource plans to meet emissions targets and resource needs.

Average Trading Volume: 1,074,824

Technical Sentiment Signal: Hold

Current Market Cap: $4.41B

Learn more about POR stock on TipRanks’ Stock Analysis page.

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