UBS nudges up Portland General Electric target as cost savings and balance-sheet repair bolster outlook
UBS raised its 12-month price target for Portland General Electric (POR) to $55 from $53 while retaining a Neutral rating, pointing to cost reductions, stronger ratebase growth and progress on balance-sheet repair as key drivers. The firm also lifted its EPS growth forecast for 2026-2030 and highlighted a range of company actions including a public…