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Fly News Breaks for March 6, 2018
POR
Mar 6, 2018 | 06:22 EDT
As previously reported, BofA/Merrill downgraded Portland General Electric to Underperform from Neutral and cut its price target to $39 from $41. Analyst Julien Dumoulin-Smith said recent management meetings indicate the Wind build could be a challenge, partly due to the negative impact on economics from tax reform and the uncertain competitive backdrop, and sees challenges navigating the 2019 general rate case.
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."
