Exelon Corp. (EXC) Tops Q3 EPS by 5c; Raises FY12 EPS Outlook

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Go back to Exelon Corp. (EXC) Tops Q3 EPS by 5c; Raises FY12 EPS Outlook

Jefferies Downgrades Exelon (EXC) to Hold on Possible Dividend Cut

November 2, 2012 1:01 PM EDT

Earlier, Jefferies downgraded Exelon (NYSE: EXC) from Buy to Hold with a price target of $34.00 (from $39.50) on the possible dividend reduction.

"Management indicated on its earnings conference call that if forward prices do not improve in the next six months,... More