Zacks Downgrades NV Energy to Neutral (NVE)
NV Energy (NYSE:NVE) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday, AnalystRatingsNetwork reports. They currently have a $25.40 price objective on the stock. Zacks‘ price objective suggests a potential upside of 6.81% from the stock’s previous close.
NV Energy (NYSE:NVE) traded up 0.34% during mid-day trading on Tuesday, hitting $23.78. The stock had a trading volume of 2,066,963 shares. NV Energy has a 52-week low of $17.45 and a 52-week high of $23.82. The stock’s 50-day moving average is $23.63 and its 200-day moving average is $22.14. The company has a market cap of $5.602 billion and a P/E ratio of 17.29.
NV Energy, Inc (NYSE:NVE) is an investor-owned holding company.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.