UBS Raises Its Target Price For Teco Energy, Reiterates Buy Rating
UBS bumped its target price for Teco Energy (NYSE:TE) to $20.50 from $20.00 and reiterated its buy rating on the company.
The bank cited the fact that its global research team has again raised its metallurgical coal price estimates for 2011, 2012, and 2013.
TECO Energy has a potential upside of 0.7% based on a current price of $18.71 and an average consensus analyst price target of $18.84.
No comments:
Post a Comment