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Huaneng Power International Inc (NYSE:HNP) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Friday. The firm currently has a $51.50 price target on the stock. Zacks‘s target price suggests a potential upside of 7.74% from the stock’s previous close.

Shares of Huaneng Power International Inc (NYSE:HNP) traded up 1.46% on Friday, hitting $48.50. 43,993 shares of the company’s stock traded hands. Huaneng Power International Inc has a 1-year low of $31.43 and a 1-year high of $49.24. The stock’s 50-day moving average is $46.57 and its 200-day moving average is $41.49. The company has a market cap of $17.042 billion and a price-to-earnings ratio of 8.85.

HUANENG POWER INTERNATIONAL, INC. is principally engaged in the production and distribution of power and thermal, provision of port services and transportation services.

To view Zacks’ full report, visit Zacks’ official website.

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