El Paso Electric Announces First Quarter 2017 Financial Results

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El Paso Electric Company (EE) PT Raised to $52 at Jefferies

May 4, 2017 7:58 AM EDT

Jefferies raised its price target on El Paso Electric Company (NYSE: EE) to $52.00 (from $48.50) while maintaining a Hold rating.

Analyst notes Anthony Crowdell the company posted an in-line loss of $0.10 which was driven by the loss of AFUDC earnings with Montana 3&4 going in... More