Utilities

Wunderlich Securities made a number of price target changes in a research report published today. Chimera Investment (NYSE: CIM) had its price target reduced from $3.75 to $3. On Tuesday, CIM closed the day at $3.13. Its shares added 0.69% to their value in today's pre-market trading to stand...

MasterCard Inc (NYSE: MA) reported a 33% rise in its second-quarter profit. MasterCard reported its quarterly profit at $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, in the year-earlier period. However, analysts were expecting earnings of $4.22 per share. Its net...

El Paso Electric Co (NYSE: EE) reported upbeat second-quarter earnings and narrowed its full-year net profit forecast. El Paso Electric reported its quarterly net income at $33.0 million, or $0.78 per share, versus analysts' estimates of $0.63 per share. El Paso Electric now expects full-year...

Deutsche Bank is out with its report today on FirstEnergy (NYSE: FE), reiterating Buy. In its report, Deutsche Bank writes, "Q2 EPS of $0.64/sh was below our $0.67 est and consensus of $0.72 on higher costs due to plant outages. The bottom end of the 2011 EPS guidance range was raised $0.10 to $3....

Public Service Enterprise Group Inc (NYSE: PEG) released its results for the second quarter on Wednesday. PSEG reported its quarterly earnings at $323 million, or $0.63 per share, up from $224 million, or $0.44 per share, in the year-earlier period. Its adjusted earnings came in at $0.63 per...

Jefferies & Company has lowered the price target on Entergy (NYSE: ETR) from $77.50 to $76 and maintains its Buy rating.

Deutsche Bank reiterated its Hold rating on Entergy (NYSE: ETR). At the same time, the rating agency reduced its price target on the company's stock from $72 to $70. On Tuesday, ETR lost 1.75% of its value to end the day at $65.25. Its shares rebounded in today's pre-market trading, rising 0.53% to...

Wunderlich Securities reiterated its Buy rating on Great Plains Energy (NYSE: GXP). At the same time, the rating agency left its price target on the company's stock unchanged at $23. On Tuesday, GXP lost 1.39% of its value to end the day at $19.90.

Goldman Sachs is out with its report today on Pinnacle West Capital (NYSE: PNW), lowering its PT from $44 to $43. In its report, Goldman Sachs writes, "After 2Q2011 reporting, for which PNW reported $0.78 versus GS/consensus of $0.85/$0.88 and lowered its 2011 guidance, we lower our 2011-2014 EPS...

Nicor Inc (NYSE: GAS) reported a decline in its second-quarter net income on Wednesday. Nicor reported its quarterly net income at $19.2 million, or $0.42 per share, down from $24.2 million, or $0.53 per share, in the year-ago period. Its revenue surged 12% y/y to $477 million from $425.6 million...

Constellation Energy Group Inc (NYSE: CEG) reported downbeat second-quarter earnings and lowered its full-year earnings forecast on Wednesday. Constellation Energy posted its quarterly net profit at $108.1 million, or $0.49 per share, up from $83.8 million, or $0.36 per share, in the year-ago...

Deutsche Bank has lowered the price target on Entergy Corporation (NYSE: ETR) from $72 to $70 and maintains its Hold rating.

Nicor Inc. (NYSE: GAS) today reported second quarter 2011 preliminary net income, operating income and diluted earnings per common share were $19.2 million, $35.2 million and $0.42, respectively. This compares to net income, operating income and diluted earnings per common share for the same period...

Goldman Sachs has lowered the price target on Pinnacle West Capital (NYSE: PNW) from $44 to $43 and maintains its Neutral rating.

Owens Corning Inc (NYSE: OC) is expected to report its Q2 EPS at $0.57 on revenue of $1.38 billion. Time Warner Inc (NYSE: TWX) is estimated to report its Q2 earnings at $0.56 per share on revenue of $6.81 billion. Comcast Corporation (NASDAQ: CMCSA) is projected to report its Q2 EPS at $0.41 on...