J.P. Morgan Reiterates Neutral Rating On Black Hills

According to J.P. Morgan, Black Hills Corp BKH 2010E EPS are raised. J.P. Morgan said that it is remaining cautious with its near-term outlook for BKH, and is reiterating its Neutral rating. “We are raising our 2012 earnings forecast to reflect additional earnings from new power plants at the regulated and unregulated segments, which we believe we previously underestimated.” Black Hills Corp closed yesterday at $30.90.