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UBS Reaffirms Their Hold Rating on OGE Energy (OGE)
In a report released today, Joseph Parkhill from UBS maintained a Hold rating on OGE Energy, with a price target of $44.00.
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According to TipRanks, Parkhill is a 3-star analyst with an average return of 15.1% and a 61.54% success rate. Parkhill covers the Utilities sector, focusing on stocks such as Exelon, OGE Energy, and WEC Energy Group.
OGE Energy has an analyst consensus of Moderate Buy, with a price target consensus of $49.00.
Based on OGE Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.05 billion and a net profit of $231.3 million. In comparison, last year the company earned a revenue of $965.4 million and had a net profit of $218.7 million
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