UBS Upgrades Dynegy (NYSE: DYN) to Neutral; Acquired by Blackstone for $4.50/share

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UBS upgrades Dynegy (NYSE: DYN) from Sell to Neutral. PT raised from $1.00 to $4.50.

UBS analyst says, "We believe shares will likely trade inline with the acquisition price until deal close; our revised target reflects the take out price rather than underlying fundamentals."

To see all the upgrades/downgrades on shares of DYN, visit our Analyst Ratings page.

Dynegy Inc. (Dynegy) is a holding company and conducts the business operations through its subsidiaries.

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