Jefferies Initiates Coverage On Portland Gen Electric with Hold Rating, Announces Price Target of $48
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Portland General Electric (NYSE:POR) with a Hold rating and set a price target of $48.
September 19, 2024 | 11:13 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on Portland General Electric with a Hold rating and a price target of $48, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not see significant upside or downside in the short term for POR. The price target of $48 provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100