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Add as a preferred source on GoogleOGE Energy Shares Drop 1.9% as Barclays Cuts Rating to Equal Weight
Barclays set a $48 price target and said progress on an Oklahoma request for proposals was already reflected in the shares.
OGE Energy Corp. (OGE) shares fell 1.9% in Monday trading after Barclays lowered its rating on the utility to Equal Weight from Overweight, with a $48 price target.
Barclays said progress on an Oklahoma request for proposals was already reflected in OGE Energy’s share price. The 1.9% move was reported during trading on Oct. 19, not as a confirmed closing decline.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.