Soleil Securities Upgrades NV Energy (NVE) to Buy; 1Q Hits Consensus; 2012 Story Intact
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Price: $23.74 --0%
Rating Summary:
1 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
1 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Soleil Securities upgraded NV Energy (NYSE: NVE) from Hold to Buy, raises PT to $17.
Soleil analyst says, "Last Friday, NVE reported insignificant 1Q that was right on consensus...NVE remains a 2012 story, with new rates reflecting new Harry Allen power plant expected 1/1/12...New rates coincide with moderating CAPEX and free cash flow, hopefully permitting reduced regulatory lag and a pop in 2012 earnings to $1.20/shr level."
For more ratings news on NV Energy click here and for the rating history of NV Energy click here.
Shares of NV Energy closed at $15.13 yesterday.
Soleil analyst says, "Last Friday, NVE reported insignificant 1Q that was right on consensus...NVE remains a 2012 story, with new rates reflecting new Harry Allen power plant expected 1/1/12...New rates coincide with moderating CAPEX and free cash flow, hopefully permitting reduced regulatory lag and a pop in 2012 earnings to $1.20/shr level."
For more ratings news on NV Energy click here and for the rating history of NV Energy click here.
Shares of NV Energy closed at $15.13 yesterday.
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