OGE Energy Corp. Receives Analyst Upgrades and Higher Price Targets
OGE Energy Corp. (NYSE:OGE) has received analyst upgrades and higher price targets, with Wells Fargo raising its price target to $47 and Barclays to $51. Analysts cite improved regulatory and political conditions in Oklahoma, stronger capital expenditure plans, and growing renewable assets as factors behind the positive sentiment. The company is among the most profitable renewable energy stocks with a 14.4% net profit margin.
Tickers: $OGE
Topics: analyst upgrades price targets renewable energy stock analysis utility sector