Market Overview

UPDATE: Citigroup Maintains Buy Rating on Great Plains Energy

Related GXP
Benzinga's Top Upgrades, Downgrades For January 5, 2017
8 Notable Stocks Trading Ex-Dividend Friday, November 25

Citi maintains a Buy rating on Great Plains Energy (NYSE: GXP) and a price target of $23.

Citi notes, “Over the past two days, we hosted a series of investor meetings with Great Plains Energy management throughout the West Coast. While there were no smoking guns, our meetings were constructive - reinforcing our positive stance on GXP shares. At this juncture, effectively navigating through the rate case process is the key priority over the next few months. A constructive outcome in the proceedings will signal a clear inflection point with the shares – the main driver of our thesis. Below we highlight key topics of discussion with our investor base through our two day marketing trip - several themes emerged.”

Great Plains Energy closed at $20.86.

Latest Ratings for GXP

Jul 2017JP MorganUpgradesNeutralOverweight
Jan 2017UBSInitiates Coverage OnNeutral
Oct 2016Ladenburg ThalmannUpgradesNeutralBuy

View More Analyst Ratings for GXP
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Reiteration Analyst Ratings


Related Articles (GXP)

View Comments and Join the Discussion!