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Fly News Breaks for March 1, 2016
POM, EXC
Mar 1, 2016 | 15:49 EDT
Evercore ISI analyst Greg Gordon reiterated his Pepco (POM) standalone target price of $20 per share, is "downside" case in the event the Exelon (EXC) merger doesn't happen. Gordon's base case target price assumes a 50/50 probability of the deal closing and is now $23.50, down from $25.50, which assumed the transaction would be completed. The analyst has a Hold rating on Pepco shares.
News For POM;EXC From the Last 2 Days
EXC
Jun 19, 2018 | 19:52 EDT
Exelon (EXC) has contributed $1M in support of the political initiative to promote a campaign that pushes for carbon tax emissions legislation, joining First Solar (FSLR) and American Wind Energy Association, Bloomberg reports, citing Exelon VP of regulatory affairs Kathleen Barron. The political initiative is said to be run by former U.S. Senators John Breaux and Trend Lott. Reference Link
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