Goldman Sachs Upgrades Cleco (CNL) to Buy, Premium Multiple Warranted
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Wells Fargo Upgrades Cleco (CNL) to Outperform
October 23, 2012 6:55 AM EDTWells Fargo upgraded Cleco (NYSE: CNL) from Market Perform to Outperform with a valuation range of $47-48/sh from $44-45/sh.
"We do not believe the current valuation adequately reflects CNL's strong EPS and DPS growth prospects, constructive regulatory environment, favorable... More
