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Cemig upgraded to Neutral…
Cemig upgraded to Neutral from Sell at UBS
Cemig upgraded to…
Cemig upgraded to Overweight from Neutral at JPMorgan. JPMorgan analyst Fernando Abdalla upgraded Cemig to Overweight after assuming lead coverage of the name.
Cemig downgraded to Sell…
Cemig downgraded to Sell from Neutral at Goldman
Pre-earnings options volume in CEMIG is 4.5x normal with puts leading calls 5:4. Implied volatility suggests the market is anticipating a move near 14.4%, or 34c, after results are released. Median move over the past eight quarters is 2.1%.