UBS Maintains a 'Neutral' on Northeast Utilities (NU); When Will the NSTARs Align?

UBS maintains a 'Neutral' on Northeast Utilities (NYSE: NU) price target raised $1 to $35.

UBS analyst says, "NU faces three key near-term issues: (1) forging an agreement by NST with the MA DPU to allow the pending merger with NU to be completed without material delay and serious financial consequence; (2) meeting transmission expansion goals, notably the last of the Northern Pass
rights of way, and successfully defending its FERC-allowed ROE; and (3) ongoing inquiries regarding the restoration times following the major storms in August and October. We expect (3) will garner the most media attention over the next 9-12 months."

For an analyst ratings summary and ratings history on Northeast Utilities click here. For more ratings news on Northeast Utilities click here.

Shares of Northeast Utilities closed at $33.70 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
• DA Davidson Starts Everus (ECG) at Buy
• Deere (DE) PT Raised to $585 at JPMorgan