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Credit Suisse Downgrades CenterPoint Energy (CNP) to Underperform

November 8, 2016 7:35 AM EST

Credit Suisse downgraded CenterPoint Energy (NYSE: CNP) from Neutral to Underperform with a price target of $25.00 (from $24.00).

Analyst J. Edwards commented, "Despite the beat we are downgrading to Underperform (from Neutral) for a number of reasons: (1) Valuation (2) We expect further delay of CNPs... More