OGE Energy price target raised to $46 from $43 at Wells Fargo

Wells Fargo raised the firm’s price target on OGE Energy (OGE) to $46 from $43 and keeps an Equal Weight rating on the shares. The firm says the company’s year-end 2024 update was somewhat uneventful, but 2025 is setting up to be an active year with RFP opportunities still outstanding and data center announcements likely to come.