UPDATE: Bank of America Reinstates Coverage on Portland General Electric as Improving Valuation Reflects Outlook
December 20, 2013 at 10:55 AM EST
In a report published Friday, Bank of America analyst Brian Chin reinstated coverage on Portland General Electric (NYSE: POR ) with a Neutral rating and $32.00 price target. In the report, Bank of America noted, “Portland General Electric (PGE) is a single state regulated utility with service territory in Oregon.