(EMAILWIRE.COM, March 05, 2010 ) Dallas, Tx - Today morning Jefferies & Co have made several changes in their rating for top Electric Utilities companies.

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The firm upgraded the following companies to Buy from Hold:

Calpine Corporation (NYSE:CPN) with a price target of $14.50.

Constellation Energy Group, Inc. (NYSE:CEG) with a price target of $41.

Public Service Enterprise Group Inc. (NYSE:PEG)'s price target has been raised by $3 to $14.50.

The firm downgraded the following companies to Hold from Buy:-

Consolidated Edison, Inc. (NYSE:ED) with a price target of $45.

The Southern Company (NYSE:SO) with a price target of $33.50.

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