Utilities

Below are the top small-cap gas utilities stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Targa Resources Inc (NYSE: TRGP) is $6.09 billion. TRGP's PEG ratio is 0.87. The trailing-twelve-month revenue at NewJersey Resources Corporation (NYSE: NJR) is $2...

Credit Suisse is upgrading shares of Edison International (NYSE: EIX) to Outperform and it has a $41 price target on shares. In a note to clients, Credit Suisse writes, "Our take. We think EIX's share price fails to reasonably value the Southern California Edison (SCE) utility let alone any option...

Credit Suisse has upgraded Edison International (NYSE: EIX) from Neutral to Outperform and has raised the price target from $37 to $41.

Robert W. Baird upgraded Xcel Energy Inc (NYSE: XEL) from “neutral” to “outperform.” Xcel Energy's shares closed at $22.85 yesterday. Xcel Energy's trailing-twelve-month revenue is $10.45 billion. Analysts at Citigroup upgraded Discovery Communications Inc (NASDAQ: DISCA) from “hold” to “buy.”...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that AK Steel Holding (NYSE: AKS) is not “as good as Nucor (NYSE: NUE). If you like steel, Nucor is the one you want." Cramer believes that WisdomTree Investments (NASDAQ: WETF) is a “good company. They do the good kind of ETF's....

Constellation Energy (NYSE: CEG) today announced that the Association of Independent Colleges and Universities has extended its current contract with Constellation through Dec. 31, 2018. The agreement represents a five-year extension of Constellation's existing contracts to serve as an...

Shares of Consolidated Edison (NYSE: ED) are higher on the session by 3.40%, currently trading at $53.84. The stock has been moving largely higher over the past few days and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago...

Xcel Energy Inc. (NYSE: XEL) subsidiary Southwestern Public Service Company today announced that it closed an offering of $200.0 million in aggregate principal amount of its 4.50% first mortgage bonds due August 15, 2041 (the Bonds). The Bonds are redeemable at any time subject to certain “make...

Jefferies reiterated its Buy rating on Sempra Energy (NYSE: SRE). At the same time, the rating agency reduced its price target on the company's stock from $60.50 to $58. On Tuesday, SRE closed the day at $47.71.

Jefferies & Company has lowered the price target on Sempra Energy (NYSE: SRE) from $60.50 to $58 and maintains its Buy rating.

A competitive bidding process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Ohio utilities – Ohio Edison, Cleveland Electric Illuminating Company and Toledo Edison – to procure electric generation for delivery from June 2012 through May 2014 for retail customers who choose not to shop with...

Xcel Energy Inc. (NYSE: XEL) subsidiary Public Service Company of Colorado today announced that it closed an offering of $250.0 million in aggregate principal amount of its 4.75% first mortgage bonds due August 15, 2041 (the Bonds). The Bonds are redeemable at any time subject to certain “make...

Xcel Energy Inc. (NYSE: XEL) subsidiary Public Service Company of Colorado (PSCo) today announced that it closed an offering of $250.0 million in aggregate principal amount of its 4.75% first mortgage bonds due August 15, 2041. The Bonds are redeemable at any time subject to certain “make whole”...

J.P. Morgan is out with its report today on PNM Resources (NYSE: PNM), lowering its PT to $16 from $19. In its report, J.P. Morgan writes, "We are establishing a December 2012 price target of $16 per share, which compares with our Dec. 2011 PT of $19 as a result of the decline in market multiples...

Shares of Pacific Gas & Electric Corp (NYSE: PCG) fell about 0.2% after the company named a Michigan energy executive as its new president and CEO. Shares of Snyder's-Lance Inc (NASDAQ: LNCE) dropped about 2.3% after the company acquired all of the issued and outstanding shares of George Greer...