Oppenheimer Initiates Coverage On Several Utility Companies
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Oppenheimer initiates coverage on Exelon (EXC) with an Outperform - Top Pick. Price target $61.
Oppenheimer initiates coverage on:
- American Electric (NYSE: AEP) with an Outperform rating. PT $32.
- Duke Energy (NYSE: DUK) with an Outperform. PT $17
- PG&E (NYSE: PCG) with an Outperform. PT $45.
- Public Service Enterprise (NYSE: PEG) with an Outperform. PT $38.
- Unitil Corp (NYSE: UTL) with an Outperform. PT $23.
- Xcel Energy (NYSE: XEL) with an Outperform. PT $21.
Oppenheimer initiates coverage on:
- Consolidated Edison (NYSE: ED) with a Market Perform. PT $37.
- FPL Group (NYSE: FPL) with a Market Perform. PT $60.
- Progress Energy (NYSE: PGN) with a Market Perform. PT $38.
- Pinnacle West (NYSE: PNW) with a Market Perform. PT $30.
- SCANA (NYSE: SCG) with a Market Perform. PT $33.
- Southern Company (NYSE: SO) with a Market Perform. PT $33.
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