- In my last article/s on Portland General Electric, I established a solid thesis that called the company first a "BUY" and then a "HOLD".
- The PT and upside for the company is a narrow thing. But following a guidance update and some market uncertainty as well as the overall Russia situation, things look different.
- The upside for the company is around 9% annually here - this makes the company a very weak "BUY" to my mind, in the light of a slightly worse macro.
For further details see:
Portland General Electric: Slight Bump In Forecast, Moving To A Weak 'Buy'