Barclays Maintains an 'Equalweight' on Portland General Electric (POR); Raising Numbers on Improved Outlook

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Barclays maintains an 'Equalweight' on Portland General Electric Company (NYSE: POR) price target raised $1 to $28.

Analyst, Daniel Ford, said, "As we continue to look for incremental opportunities among the mid-cap regulated group, we see potential for an improved EPS growth trajectory and corresponding valuation in POR...We are increasing our '12E to $1.97 from $1.92. We maintain our '13E of $2.02 and introduce '14E of $2.18."

For an analyst ratings summary and ratings history on Portland General Electric Company click here. For more ratings news on Portland General Electric Company click here.

Shares of Portland General Electric Company closed at $25.17 yesterday, with a 52 week range of $21.29-$26.05.

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