Information Provided By:
Fly News Breaks for January 18, 2017
DYN
Jan 18, 2017 | 06:26 EDT
US analyst Julien Dumoulin-Smith downgraded Dynergy to Sell and lowered its price target to $7 from $8 citing risk to capacity auctions and 2017 guidance. The analyst expects disappointing PJM and ISO-NE capacity results in the upcoming auction will hurt Dynergy the most among IPPs as the company derives approximately 75% of its EBTDA from these two regions on a 2019E basis. Further, Dumoulin-Smith said the delay in the Engie approval increases risk to 2017 guidance.
News For DYN From the Last 2 Days
There are no results for your query DYN