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Vectren Corporation (VVC) [hlAlert]

Rating:
Hold VVC
up 51.85 %

Vectren Corporation (VVC) downgraded to Hold by Brean Capital

Posted on: Friday,  Oct 31, 2014  8:25 AM ET by Brean Capital

Brean Capital rated Hold Vectren Corporation (NYSE: VVC) on 10/31/2014. Previously Brean Capital rated Buy Vectren Corporation (NYSE: VVC) on 11/07/2012.,
when the stock price was $29.39. Since then, Vectren Corporation has gained 51.85% as of 10/31/2014's recent price of $44.63.
If you would have followed the previous Brean Capital's recommendation on VVC, you would have gained 51.85% of your investment in 723 days.

Vectren Corporation (Vectren) is an energy holding company. The Company?s wholly owned subsidiary, Vectren Utility Holdings, Inc. (Utility Holdings), serves as the intermediate holding company for three operating public utilities: Indiana Gas Company, Inc. (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and the Ohio operations (VEDO). Utility Holdings also has other assets that provide information technology and other services to the three utilities. Indiana Gas provides energy delivery services to over 568,000 natural gas customers located in central and southern Indiana. SIGECO provides energy delivery services to over 141,000 electric customers and approximately 111,000 gas customers located near Evansville in southwestern Indiana. SIGECO also owns and operates electric generation.

Brean Capital
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2014 8:25 AM Hold
None
44.63
as of 10/17/2014
1 Week up  2.33 %
1 Month up  1.41 %
3 Months up  4.00 %
1 YTD up  17.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/7/2012 8:25 AM Buy
None
29.39 39.00

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