Caris Starts Electric Utilities Stocks: PCG, SO, GXP at Buy, ED, WR, WEC at Average

An analyst at Caris & Co. initiated coverage on a number of stocks in the Electric Utilities group Wednesday.

With a Buy rating:

• PG&E (NYSE: PCG) - $52 price target
  
• Southern Company (NYSE: SO) - $42 target
  
• Great Plains Energy (NYSE: GXP) - $23.50 target

With an Average rating:

• Consolidated Edison (NYSE: ED) - $52 target
  
• CMS Energy (NYSE: CMS) - $21 target
  
• Westar Energy (NYSE: WR) - $29 target
  
• Wisconsin Energy (NYSE: WEC) - $32 target
  
• NV Energy (NYSE: NVE) - $16.50 target

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