By: Benzinga
UPDATE: Credit Suisse Downgrades Pepco Holdings to Underperform on Slow Improvement Progress
In a report published Wednesday, Credit Suisse analyst Dan Eggers downgraded the rating on Pepco Holdings (NYSE: POM ) from Neutral to Underperform, but slightly raised the price target from $20.50 to $21.00. In the report, Eggers noted, “We remain optimistic POM can work with all their regulators to improve
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