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UPDATE: Macquarie Upgrades Dynegy to Neutral

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Benzinga's Top Initiations

In a report issued Tuesday, analysts at Macquarie upgraded Dynergy (NYSE: DYN) from a rating of Underperform to Neutral. The firm's Angie Storozynski set a 12-month target price of $35.

Storozynski said she believes "synergies associated with DYN's ongoing M&A pursuits could support future earnings.” This upside is reflected within the the target price projected by Macquarie.

With Dynegy shares down around 1.6 percent to $31.89 at last check, the firm's price target represents potential upside of about 10 percent.

Latest Ratings for DYN

Nov 2015Deutsche BankMaintainsBuy
Oct 2015SunTrust Robinson HumphreyInitiates Coverage onNeutral
Oct 2015SusquehannaInitiates Coverage onNeutral

View More Analyst Ratings for DYN
View the Latest Analyst Ratings

Posted-In: Analyst Color News Upgrades Price Target Analyst Ratings


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