Jefferies raised the firm’s price target on Portland General Electric (POR) to $46 from $43 and keeps a Hold rating on the shares. The firm sees a mostly positive Q3 “super cycle” of updates with messages of “capex up & cost of capital down” from the utilities group, the analyst tells investors in a sector preview.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on POR: