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WGL

WGL Holdings

$74.99

5.97 (8.65%)

, IBDRY

Iberdrola

$24.12

-0.05 (-0.21%)

12:24
11/29/16
11/29
12:24
11/29/16
12:24

WGL Holdings mulls sale after receiving Iberdrola interest, Bloomberg says

WGL Holdings (WGL) is considering options, including a potential sale, after drawing takeover interest from Spain's Iberdrola (IBDRY), Bloomberg reports, citing people familiar with the matter. The U.S. company has had early discussions with Iberdrola, though no agreement has been reached and no deal is certain, the report says. WGL could also opt to stay independent, the report notes. WGL Holdings shares rose 9.49% to $75.55 after the news. Reference Link

WGL

WGL Holdings

$74.99

5.97 (8.65%)

IBDRY

Iberdrola

$24.12

-0.05 (-0.21%)

WGL WGL Holdings
$74.99

5.97 (8.65%)

01/06/16
WELS
01/06/16
INITIATION
WELS
Market Perform
WGL Holdings initiated with a Market Perform at Wells Fargo
Wells Fargo analyst Sarah Akers started WGL Holdings with a Market Perform rating and $66-$68 price target range.
01/06/16
01/06/16
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Arista Networks (ANET) initiated with a Neutral at UBS... Cerulean (CERU) initiated with a Buy at Janney Capital... Codexis (CDXS) initiated with a Buy at H.C. Wainwright... Colgate-Palmolive (CL) initiated with an Overweight at Atlantic Equities... Danone (DANOY) initiated with a Buy at HSBC... Demandware (DWRE) initiated with a Buy at BofA/Merrill... Diplomat Pharmacy (DPLO) initiated with an Overweight at Barclays... Edwards Lifesciences (EW) initiated with an Outperform at JMP Securities... Enterprise Products (EPD) initiated with an Outperform at Scotia Howard Weil... Green Brick (GRBK) initiated with a Market Perform at JMP Securities... Hoegh LNG (HMLP) initiated with an Accumulate at Seaport Global... Idera Pharmaceuticals (IDRA) initiated with an Outperform at Wedbush... Jack in the Box (JACK) initiated with a Neutral at SunTrust... New Jersey Resources (NJR) initiated with a Market Perform at Wells Fargo... Novadaq (NVDQ) initiated with an Outperform at JMP Securities... Ollie's Bargain Outlet (OLLI) initiated with a Buy at Johnson Rice... Procter & Gamble (PG) initiated with a Neutral at Atlantic Equities... Shake Shack (SHAK) initiated with a Neutral at SunTrust... Steel Dynamics (STLD) initiated with a Buy at Rosenblatt... Teladoc (TDOC) initiated with a Hold at Stifel... TripAdvisor (TRIP) initiated with a Neutral at Hilliard Lyons... Tyco (TYC) initiated with a Neutral at Buckingham... WGL Holdings (WGL) initiated with a Market Perform at Wells Fargo... Willis Towers Watson (WLTW) initiated with an Outperform at William Blair... bluebird bio (BLUE) initiated with a Buy at Janney Capital.
03/30/16
03/30/16
INITIATION

Hold
WGL Holdings initiated with a Hold at BB&T
11/18/16
JANY
11/18/16
UPGRADE
JANY
Buy
WGL Holdings upgraded to Buy from Neutral at Janney Capital
IBDRY Iberdrola
$24.12

-0.05 (-0.21%)

09/07/16
GSCO
09/07/16
UPGRADE
GSCO
Buy
Iberdrola upgraded to Buy from Neutral at Goldman

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