Utilities

Goldman Sachs has raised the price target on Portland General Electric Company (NYSE: POR) from $24 to $25 and maintains its Neutral rating.

Goldman Sachs has raised the price target on PPL Corporation (NYSE: PPL) from $29 to $30 and maintains its Buy rating.

Dynegy (NYSE: DYN) today announced that it has completed an internal restructuring to create separate coal-fueled power generation and gas-fueled power generation units and that its new “CoalCo” and “GasCo” subsidiaries have closed on new senior secured credit facilities in the aggregate amount of...

Morgan Keegan has lowered the price target on Spectra Energy Partners (NYSE: SEP) from $37 to $35 and maintains its Outperform rating.

Jefferies & Company has lowered the price target on American Electric Power (NYSE: AEP) from $39 to $37 and maintains its Hold rating.

Bank of America has lowered the price objective on Hawaiian Electric Industries (NYSE: HE) from $24 to $23 and maintains its Underperform rating.

Jefferies & Company has raised the price target on CenterPoint Energy (NYSE: CNP) from $19.50 to $20 and maintains its Hold rating.

Citi reiterated its Hold rating on Spectra Energy Partners (NYSE: SEP). At the same time, the rating agency reduced its price target on the company's stock from $36 to $30. On Friday, SEP lost 1.62% of its value to finish the day at $27.97.

Deutsche Bank made a number of updates in a research report published today. Magna International (NYSE: MGA) had its rating reiterated at Hold. At the same time, its price target was reduced from $57 to $55. On Friday, MGA lost 10.92% of its value to end the day at $39.42....

Merger activity remained steady last week with three new deals announced and one closing. The recent drop in equity markets around the world did not spare stocks that are on our list of pending mergers. Spreads of several deals widened and I used the opportunity to start a position in education...

Citigroup has lowered the price target on Spectra Energy Partners (NYSE: SEP) from $36 to $30 and maintains its Hold rating.

Credit Suisse has raised the price target on CenterPoint Energy (NYSE: CNP) from $20 to $21 and maintains its Outperform rating.

Credit Suisse has raised the price target on Spectra Energy Partners (NYSE: SEP) from $34 to $35 and maintains its Neutral rating.

Wunderlich Securities reiterated its Hold rating on Progress Energy (NYSE: PGN). At the same time, the rating agency left its price target on the company's tock unchanged at $47. On Friday, PGN added 0.33% to its value to finish the week at $45.53.

Wunderlich Securities reiterated its Hold rating on Pepco Holdings (NYSE: POM). At the same time, the rating agency left its price target on the company's stock unchanged at $19. On Friday, POM added 1.51% to its value to finish the day at $18.14.