Barclays Maintains Equal-Weight on Portland Gen Electric, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Equal-Weight rating on Portland General Electric (NYSE:POR) but lowers the price target from $49 to $48.
October 29, 2024 | 1:01 pm
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Barclays has maintained its Equal-Weight rating on Portland General Electric but has lowered the price target from $49 to $48, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a slightly less optimistic view on Portland General Electric's stock performance, which could lead to a minor negative impact on the stock price in the short term. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment.
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IMPORTANCE 70
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