Jefferies Upgrades OGE Energy (OGE) to Buy
Tweet
Share
E-mailGet Alerts OGE Hot Sheet
Price: $48.70 -1.26%
Rating Summary:
8 Buy, 15 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
Rating Summary:
8 Buy, 15 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
Join SI Premium – FREE
Jefferies upgraded OGE Energy (NYSE: OGE) from Hold to Buy with a price target of $59.50 (up from $56).
The firm comments, "A recent EPA decision regarding regional haze will require the utility to install an estimated $1.0 billion in dry scrubbers (by 2017), which Jefferies estimates will contribute $0.54 to EPS."
For an analyst ratings summary and ratings history on OGE Energy click here. For more ratings news on OGE Energy click here.
Shares of OGE Energy closed at $53.11 yesterday.
The firm comments, "A recent EPA decision regarding regional haze will require the utility to install an estimated $1.0 billion in dry scrubbers (by 2017), which Jefferies estimates will contribute $0.54 to EPS."
For an analyst ratings summary and ratings history on OGE Energy click here. For more ratings news on OGE Energy click here.
Shares of OGE Energy closed at $53.11 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies Upgrades Integrafin (IHP:LN) to Buy
- Oppenheimer Upgrades Ecolab Inc. (ECL) to Outperform
- UBS Upgrades Bank Of Communications Co Ltd (A-Shares) (601328:CH) to Buy
Create E-mail Alert Related Categories
UpgradesRelated Entities
Jefferies & CoSign 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!
