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Enter Symbol:
 
Southwest Gas Corporation (SWX) [hlAlert]

Rating:
Neutral SWX
up 65.82 %

Southwest Gas Corporation (SWX) downgraded to Neutral by Citigroup

Posted on: Wednesday,  Jul 25, 2012  8:28 AM ET by Citigroup

Citigroup rated Neutral Southwest Gas Corporation (NYSE: SWX) on 07/25/2012. Previously Citigroup rated Buy Southwest Gas Corporation (NYSE: SWX) on 03/07/2008.,
when the stock price was $26.48. Since then, Southwest Gas Corporation has gained 65.82% as of 07/25/2012's recent price of $43.91.
If you would have followed the previous Citigroup's recommendation on SWX, you would have gained 65.82% of your investment in 1601 days.

Southwest Gas Corporation (Southwest), incorporated in March 1931, is engaged in the business of purchasing, distributing, and transporting natural gas in portions of Arizona, Nevada, and California. The Southwest has composed of two business segments: natural gas operations (Southwest or the natural gas operations segment) and construction services. Northern Pipeline Construction Co. (NPL or the construction services segment), a wholly owned subsidiary, is a full-service underground piping contractor that provides utility companies with trenching and installation, replacement and maintenance services for energy distribution systems. As of December 31, 2008, Southwest purchased and distributed or transported natural gas to 1,819,000 residential, commercial, and industrial customers in geographically diverse portions of Arizona, Nevada and California.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2012 8:28 AM Hold
None
43.91
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  3.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/7/2008 8:25 AM Buy
None
26.48 37.00

(*) Stock Price at the time of the recommendation.
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