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Fly News Breaks for May 12, 2015
POR
May 12, 2015 | 06:50 EDT
JPMorgan downgraded Portland General Electric to Neutral and removed the stock from its Analyst Focus List saying the company's recent communication regarding future growth plans and cash return has missed expectations. The firm lowered its price target for shares to $36 from $40.
News For POR From the Last 2 Days
POR
Apr 26, 2024 | 05:07 EDT
Consensus $3.07. Sees FY24 effective tax rate 10%-15%. Sees FY24 capital expenditures $1.34B.
POR
Apr 26, 2024 | 05:03 EDT
Reports Q1 revenue $929M, consensus $828.97M. "Our results this quarter speak to strong execution and robust semiconductor and data center growth, underscoring the importance of Portland General Electric's commitment to investments in grid resilience," said Maria Pope, PGE President and CEO. "The PGE team navigated extreme winter storms and energy market conditions early in the first quarter and, as we look ahead, we remain focused on advancing plans to meet the growing needs of our customers."
