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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP500 at CLSA</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP500+at+CLSA/27078584.html</link>
   <description>CLSA analyst Peter Garnace lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP500.00  (from PHP530.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Fri, 18 Sep 2026 08:47:32 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP500 at CLSA</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP500+at+CLSA/27078584.html</link>
   <description>CLSA analyst Peter Garnace lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP500.00  (from PHP530.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Fri, 18 Sep 2026 08:47:32 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP500 at CLSA</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP500+at+CLSA/27078584.html</link>
   <description>CLSA analyst Peter Garnace lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP500.00  (from PHP530.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Fri, 18 Sep 2026 08:47:32 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP500 at CLSA</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP500+at+CLSA/27078584.html</link>
   <description>CLSA analyst Peter Garnace lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP500.00  (from PHP530.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Fri, 18 Sep 2026 08:47:32 -0400</pubDate>
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   <title>JPMorgan Downgrades Manila Electric Co (MER:PM) (MAEOY) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Downgrades+Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+to+Neutral/26837182.html</link>
   <description>&lt;p&gt;JPMorgan analyst Jelline Gaza downgraded Manila Electric Co (MER:PM) (OTC: MAEOY) from Overweight to Neutral with a price target of PHP520.00 (from PHP760.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “Political and regulatory risk is climbing with the government’s revived call to amend the power-sector legislation to disallow recovery of system losses. This could translate to a potentially sizeable earnings hit for Meralco (Php18.3bn, or 35% of our 2027E) and more importantly, raises the likelihood of a delayed distribution tariff reset, or none at all. We cut our 2027E distribution tariff by 16% to Php1.35/kWh, driving a 15% cut in NIAT to Php52.8bn and DPS</description>
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   <pubDate>Thu, 30 Jul 2026 02:05:05 -0400</pubDate>
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   <title>JPMorgan Downgrades Manila Electric Co (MER:PM) (MAEOY) to Neutral</title>
   <link>http://www.streetinsider.com/Downgrades/JPMorgan+Downgrades+Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+to+Neutral/26837182.html</link>
   <description>&lt;p&gt;JPMorgan analyst Jelline Gaza downgraded Manila Electric Co (MER:PM) (OTC: MAEOY) from Overweight to Neutral with a price target of PHP520.00 (from PHP760.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “Political and regulatory risk is climbing with the government’s revived call to amend the power-sector legislation to disallow recovery of system losses. This could translate to a potentially sizeable earnings hit for Meralco (Php18.3bn, or 35% of our 2027E) and more importantly, raises the likelihood of a delayed distribution tariff reset, or none at all. We cut our 2027E distribution tariff by 16% to Php1.35/kWh, driving a 15% cut in NIAT to Php52.8bn and DPS</description>
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   <pubDate>Thu, 30 Jul 2026 02:05:05 -0400</pubDate>
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   <title>JPMorgan Downgrades Manila Electric Co (MER:PM) (MAEOY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Downgrades+Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+to+Neutral/26837182.html</link>
   <description>&lt;p&gt;JPMorgan analyst Jelline Gaza downgraded Manila Electric Co (MER:PM) (OTC: MAEOY) from Overweight to Neutral with a price target of PHP520.00 (from PHP760.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “Political and regulatory risk is climbing with the government’s revived call to amend the power-sector legislation to disallow recovery of system losses. This could translate to a potentially sizeable earnings hit for Meralco (Php18.3bn, or 35% of our 2027E) and more importantly, raises the likelihood of a delayed distribution tariff reset, or none at all. We cut our 2027E distribution tariff by 16% to Php1.35/kWh, driving a 15% cut in NIAT to Php52.8bn and DPS</description>
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   <pubDate>Thu, 30 Jul 2026 02:05:05 -0400</pubDate>
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   <title>JPMorgan Downgrades Manila Electric Co (MER:PM) (MAEOY) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Downgrades+Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+to+Neutral/26837182.html</link>
   <description>&lt;p&gt;JPMorgan analyst Jelline Gaza downgraded Manila Electric Co (MER:PM) (OTC: MAEOY) from Overweight to Neutral with a price target of PHP520.00 (from PHP760.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “Political and regulatory risk is climbing with the government’s revived call to amend the power-sector legislation to disallow recovery of system losses. This could translate to a potentially sizeable earnings hit for Meralco (Php18.3bn, or 35% of our 2027E) and more importantly, raises the likelihood of a delayed distribution tariff reset, or none at all. We cut our 2027E distribution tariff by 16% to Php1.35/kWh, driving a 15% cut in NIAT to Php52.8bn and DPS</description>
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   <pubDate>Thu, 30 Jul 2026 02:05:05 -0400</pubDate>
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   <title>JPMorgan Downgrades Manila Electric Co (MER:PM) (MAEOY) to Neutral</title>
   <link>http://www.streetinsider.com/Downgrades/JPMorgan+Downgrades+Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+to+Neutral/26837182.html</link>
   <description>&lt;p&gt;JPMorgan analyst Jelline Gaza downgraded Manila Electric Co (MER:PM) (OTC: MAEOY) from Overweight to Neutral with a price target of PHP520.00 (from PHP760.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “Political and regulatory risk is climbing with the government’s revived call to amend the power-sector legislation to disallow recovery of system losses. This could translate to a potentially sizeable earnings hit for Meralco (Php18.3bn, or 35% of our 2027E) and more importantly, raises the likelihood of a delayed distribution tariff reset, or none at all. We cut our 2027E distribution tariff by 16% to Php1.35/kWh, driving a 15% cut in NIAT to Php52.8bn and DPS</description>
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   <pubDate>Thu, 30 Jul 2026 02:05:05 -0400</pubDate>
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   <title>JPMorgan Downgrades Manila Electric Co (MER:PM) (MAEOY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Downgrades+Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+to+Neutral/26837182.html</link>
   <description>&lt;p&gt;JPMorgan analyst Jelline Gaza downgraded Manila Electric Co (MER:PM) (OTC: MAEOY) from Overweight to Neutral with a price target of PHP520.00 (from PHP760.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “Political and regulatory risk is climbing with the government’s revived call to amend the power-sector legislation to disallow recovery of system losses. This could translate to a potentially sizeable earnings hit for Meralco (Php18.3bn, or 35% of our 2027E) and more importantly, raises the likelihood of a delayed distribution tariff reset, or none at all. We cut our 2027E distribution tariff by 16% to Php1.35/kWh, driving a 15% cut in NIAT to Php52.8bn and DPS</description>
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   <pubDate>Thu, 30 Jul 2026 02:05:05 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">MAEOY</category>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP530 at CLSA</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP530+at+CLSA/26597315.html</link>
   <description>CLSA analyst Derrick Guarin lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP530.00  (from PHP570.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Wed, 03 Jun 2026 11:24:47 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">MAEOY</category>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP530 at CLSA</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP530+at+CLSA/26597315.html</link>
   <description>CLSA analyst Derrick Guarin lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP530.00  (from PHP570.00) while maintaining a Hold (3) rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP530+at+CLSA/26597315.html</guid>
   <pubDate>Wed, 03 Jun 2026 11:24:47 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP530 at CLSA</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP530+at+CLSA/26597315.html</link>
   <description>CLSA analyst Derrick Guarin lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP530.00  (from PHP570.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Wed, 03 Jun 2026 11:24:47 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Lowered to PHP530 at CLSA</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Lowered+to+PHP530+at+CLSA/26597315.html</link>
   <description>CLSA analyst Derrick Guarin lowered the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP530.00  (from PHP570.00) while maintaining a Hold (3) rating.</description>
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   <pubDate>Wed, 03 Jun 2026 11:24:47 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP760 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP760+at+JPMorgan/26447415.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP760.00  (from PHP695.00) while maintaining a Overweight rating.</description>
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   <pubDate>Thu, 07 May 2026 06:28:37 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP760 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP760+at+JPMorgan/26447415.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP760.00  (from PHP695.00) while maintaining a Overweight rating.</description>
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   <pubDate>Thu, 07 May 2026 06:28:37 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP760 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP760+at+JPMorgan/26447415.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP760.00  (from PHP695.00) while maintaining a Overweight rating.</description>
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   <pubDate>Thu, 07 May 2026 06:28:37 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP760 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP760+at+JPMorgan/26447415.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP760.00  (from PHP695.00) while maintaining a Overweight rating.</description>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP695 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP695+at+JPMorgan/25963964.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP695.00  (from PHP620.00) while maintaining a Overweight rating.</description>
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   <pubDate>Mon, 09 Feb 2026 04:46:23 -0400</pubDate>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP695 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP695+at+JPMorgan/25963964.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP695.00  (from PHP620.00) while maintaining a Overweight rating.</description>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP695 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP695+at+JPMorgan/25963964.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP695.00  (from PHP620.00) while maintaining a Overweight rating.</description>
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   <title>Manila Electric Co (MER:PM) (MAEOY) PT Raised to PHP695 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Manila+Electric+Co+%28MER%3APM%29+%28MAEOY%29+PT+Raised+to+PHP695+at+JPMorgan/25963964.html</link>
   <description>JPMorgan analyst Jelline Gaza raised the price target on Manila Electric Co (MER:PM) (OTC: MAEOY) to PHP695.00  (from PHP620.00) while maintaining a Overweight rating.</description>
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   <pubDate>Mon, 09 Feb 2026 04:46:23 -0400</pubDate>
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   <title>CLSA Downgrades Manila Electric Co. (MER:PM) (MAEOY) to Hold (3)</title>
   <link>http://www.streetinsider.com/Intl+Ratings/CLSA+Downgrades+Manila+Electric+Co.+%28MER%3APM%29+%28MAEOY%29+to+Hold+%283%29/25528203.html</link>
   <description>&lt;p&gt;CLSA analyst Derrick Guarin downgraded Manila Electric Co. (MER:PM) (OTC: MAEOY) from Outperform (2) to Hold (3) with a price target of PHP570.00.&lt;/p&gt;</description>
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   <pubDate>Thu, 30 Oct 2025 11:44:59 -0400</pubDate>
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   <title>CLSA Downgrades Manila Electric Co. (MER:PM) (MAEOY) to Hold (3)</title>
   <link>http://www.streetinsider.com/Downgrades/CLSA+Downgrades+Manila+Electric+Co.+%28MER%3APM%29+%28MAEOY%29+to+Hold+%283%29/25528203.html</link>
   <description>&lt;p&gt;CLSA analyst Derrick Guarin downgraded Manila Electric Co. (MER:PM) (OTC: MAEOY) from Outperform (2) to Hold (3) with a price target of PHP570.00.&lt;/p&gt;</description>
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   <pubDate>Thu, 30 Oct 2025 11:44:59 -0400</pubDate>
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   <title>CLSA Downgrades Manila Electric Co. (MER:PM) (MAEOY) to Hold (3)</title>
   <link>http://www.streetinsider.com/Intl+Ratings/CLSA+Downgrades+Manila+Electric+Co.+%28MER%3APM%29+%28MAEOY%29+to+Hold+%283%29/25528203.html</link>
   <description>&lt;p&gt;CLSA analyst Derrick Guarin downgraded Manila Electric Co. (MER:PM) (OTC: MAEOY) from Outperform (2) to Hold (3) with a price target of PHP570.00.&lt;/p&gt;</description>
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