Brean Murray Carret & Co. Assumes Coverage on Northeast Utilities (NU) at Buy; Favorable Trends & Merger
Tweet
Share
E-mailGet Alerts NU Hot Sheet
Price: $10.77 --0%
Rating Summary:
18 Buy, 8 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 7
Rating Summary:
18 Buy, 8 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 7
Join SI Premium – FREE
Brean Murray Carret & Co. assumes coverage on Northeast Utilities (NYSE: NU) with a Buy. PT $45.00.
Brean analyst says, "Our favorable investment thesis is driven by the company's future earnings outlook, which includes transmission investment opportunities, our expectation of expanding margins and favorable expense trends, and the NSTAR (NYSE: NST) merger."
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 $35.86 yesterday.
Brean analyst says, "Our favorable investment thesis is driven by the company's future earnings outlook, which includes transmission investment opportunities, our expectation of expanding margins and favorable expense trends, and the NSTAR (NYSE: NST) merger."
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 $35.86 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Opthea Ltd. (OPT) PT Raised to $18 at Oppenheimer
- PHINIA Inc. (PHIN) Reports Q1 EPS of $1.08, provides guidance
- Mangoceuticals (MGRX) Acquires Global Preventive Care Patent Portfolio
Create E-mail Alert Related Categories
Mergers and Acquisitions, New CoverageRelated Entities
Brean Murray Carret & Co., Earnings, Northeast Utilities/NSTARSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
