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AES

AES Corp.

$11.63

0.11 (0.95%)

, FE

FirstEnergy

$31.52

0.3001 (0.96%)

14:25
10/12/16
10/12
14:25
10/12/16
14:25

Ohio PUC ruling a positive for AES Corp, says SunTrust

SunTrust said the Ohio PUC approved the staff recommendation for a Distribution Modernization Rider for First Energy (FE). The firm's analyst views this as a positive development for AES Corp (AES) as it has a similar request pending in front of the Ohio PUC, and if approved, should add 8-13c to 2017 earnings.

AES

AES Corp.

$11.63

0.11 (0.95%)

FE

FirstEnergy

$31.52

0.3001 (0.96%)

  • 04

    Nov

  • 07

    Nov

AES AES Corp.
$11.63

0.11 (0.95%)

10/19/15
10/19/15
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AES Corp. (AES) downgraded to Hold from Buy at Argus... Allete (ALE) downgraded to Hold from Buy at Wunderlich... Associated British Foods (ASBFY) downgraded to Hold from Buy at Berenberg... BorgWarner (BWA) downgraded to Underweight from Overweight at Morgan Stanley... C1 Financial (BNK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cameron (CAM) downgraded to Neutral at Susquehanna... Carpenter Technology (CRS) downgraded to Neutral from Overweight at JPMorgan... CenterPoint Energy (CNP) downgraded to Sell from Neutral at Goldman... Compass Minerals (CMP) downgraded to Sell from Neutral at Monness Crespi... Consolidated Edison (ED) downgraded to Sell from Neutral at Goldman... Diamond Foods (DMND) downgraded to Hold from Buy at BB&T... Ecolab (ECL) downgraded to Hold from Buy at Deutsche Bank... Gazprom (OGZPY) downgraded to Sell from Neutral at Goldman... Grainger (GWW) downgraded to Equal Weight from Overweight at Stephens... Great Plains Energy (GXP) downgraded to Neutral from Buy at Goldman... Intrepid Potash (IPI) downgraded to Underperform from Sector Perform at Scotia... Ixia (XXIA) downgraded to Hold from Buy at Wunderlich... Joy Global (JOY) downgraded to Underweight from Hold at BB&T... Novatek (NOVKY) downgraded to Neutral from Buy at Goldman... Oracle (ORCL) downgraded to Sector Weight from Overweight at Pacific Crest... PPL Corp. (PPL) downgraded to Neutral from Buy at Goldman... Pinnacle West (PNW) downgraded to Sell from Neutral at Goldman... Quanta Services (PWR) downgraded to Accumulate from Buy at Johnson Rice... Seagate (STX) downgraded to Neutral at Susquehanna... Silver Bay Realty (SBY) downgraded to Underperform from Neutral at BofA/Merrill... Smith Micro (SMSI) downgraded to Hold from Buy at Needham... SouFun (SFUN) downgraded to Outperform due to recent share strength at CLSA... Telefonica (TEF) downgraded to Underperform from Neutral at Credit Suisse... Ubiquiti Networks (UBNT) downgraded on solar, wireless outlook at JMP Securities... Urban Outfitters (URBN) downgraded to Hold from Buy at Wunderlich... WD-40 (WDFC) downgraded to Neutral from Buy at B. Riley... Waddell & Reed (WDR) downgraded to Market Perform from Outperform at William Blair... Zafgen (ZFGN) downgraded to Market Perform from Outperform at JMP Securities... Zurich Insurance (ZURVY) downgraded to Equal Weight from Overweight at Barclays.
11/23/15
RHCO
11/23/15
NO CHANGE
RHCO
AES Corp. sum of the parts value $15-$16 per share, says SunTrust
SunTrust believes that AES is worth $15-$16 per share on a sum of the parts basis. The firm thinks that a break-up of the company would unlock significant equity value.
10/03/16
UBSW
10/03/16
DOWNGRADE
Target $11
UBSW
Sell
AES Corp. downgraded to Sell from Neutral at UBS
UBS analyst Julien Dumoulin-Smith downgraded AES Corp. to Sell from Neutral based on valuation. Price target remains $11 on AES Corp. Shares.
10/04/16
LEHM
10/04/16
DOWNGRADE
Target $12
LEHM
Equal Weight
AES Corp. downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Gregg Orrill downgraded AES Corp. to Equal Weight citing increased global competition from renewable resources. The analyst sees longer term risk from the company being fossil fuel generator. He lowered his price target for the shares to $12 from $14.
FE FirstEnergy
$31.52

0.3001 (0.96%)

08/08/16
MSCO
08/08/16
UPGRADE
MSCO
Overweight
FirstEnergy upgraded to Overweight from Equal Weight at Morgan Stanley
08/08/16
MSCO
08/08/16
UPGRADE
Target $41
MSCO
Overweight
FirstEnergy upgraded to Overweight from Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley upgraded FirstEnergy to Overweight from Equal Weight and raised its price target to $41 from $38.. Analysts led by Stephen Byrd upgraded shares based on relative underperformance and management's new indications of a potential sale of the generation business.
08/08/16
BOFA
08/08/16
UPGRADE
Target $40
BOFA
Buy
FirstEnergy upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded FirstEnergy to Buy with a $40 price target based on increased confidence in the move towards a more regulated-like business structure. Analyst Brian Chin expect new CEO Chuck Jones will discuss new cost cutting measures and does not believe an equity issuance is likely near-term.
10/04/16
SBSH
10/04/16
NO CHANGE
SBSH
Sell
Citi sees more downside in Exelon, FirstEnergy
Citi analyst Praful Mehta reiterates Sell ratings on shares of Exelon (EXC) and FirstEnergy (FE). The analyst lowered his price target for Exelon to $27 from $29 and for FirstEnergy to $29 from $31. Exelon needs external support for its nuclear units to extend asset life and improve valuations while FirstEnergy has "significant challenges" around its credit and underfunded pension, Mehta tells investors in a research note. He see further share downside in both names.

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