Southern Company (NYSE:SO) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and generally higher debt management risk. The Southern Company (NYSE:SO) stock opened at $42.34 in last session, and closed at $42.22, while the day range of SO stock is $42.16-$42.51.The stock showed a positive weekly performance of 0.52%.
Public Service Enterprise Group (NYSE:PEG) had its price objective hosited by Credit Suisse to $35.00 in a report released on Tuesday, Stock Ratings Network.com reports. Credit Suisse currently has a neutral rating on the stock. Public Service Enterprise Group Inc. (NYSE:PEG) stock opened at $35.89, in last session and closed at $35.81, by loosed -0.17%.The 52 week range was $31.02-$37.34.Company’s market capitalization is $18.13 billion.
CenterPoint Energy, Inc. (NYSE:CNP) has been downgraded by TheStreet Ratings from buy to hold. The CenterPoint Energy (CNP) strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. CenterPoint Energy, Inc. (NYSE:CNP) stock loosed -1.19% and finished the last session at $23.33.The EPS of the stock remained CNP. Company’s market capitalization is $10.00 billion.
Duke Energy (NYSE:DUK) announced a $1 million contribution to support student scholarships for Science, Technology, Engineering and Mathematics (STEM) majors at Johnson C. Smith University. The scholarship funds will be added to an existing Duke Energy scholarship endowment fund. “We thank Duke Energy and our many other donors for helping students in STEM prepare for viable careers that are in high demand,” said Dr. Ronald L. Carter, president of Johnson C. Smith University. Many of the students at Johnson C. Smith University face significant financial barriers that result in gaps between the aid they receive and the total cost of their college education. Duke Energy Corp (NYSE:DUK) stock opened the session at $70.15, and closed the session at $70.11. The 52 week range of the DUK stock remained $64.16-$75.46 and the day range was $69.95-$70.71.