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Enter Symbol:
Great Plains Energy Inc (GXP) [hlAlert]

Mkt Perform
down 12.12 %

Great Plains Energy Inc (GXP) downgraded to Mkt Perform by Wachovia

Posted on: Thursday,  Mar 20, 2008  8:25 AM ET by Wachovia

Wachovia rated Mkt Perform Great Plains Energy Inc (NYSE: GXP) on 03/20/2008. Previously Wachovia rated Outperform Great Plains Energy Inc (NYSE: GXP)
on 01/31/2008., when the stock price was $27.88. Since then, Great Plains Energy Inc has lost 12.12% as of 03/20/2008's recent price of $24.50.
If you would have followed the previous Wachovia's recommendation on GXP, you would have lost 12.12% of your investment in 49 days.

Great Plains Energy Incorporated (Great Plains Energy) is a public utility holding company and does not own or operate any significant assets other than the stock of its subsidiaries. The Company is engaged in the business segment of electric utility. Great Plains Energy?s wholly owned direct subsidiaries with operations or active subsidiaries includes Kansas City Power and Light Company (KCP&L), KCP&L Greater Missouri Operations Company (GMO), Great Plains Energy Services Incorporated (Services) and KLT Inc. On June 2, 2008, the Company completed the selling of Strategic Energy, L.L.C. (Strategic Energy). The electric utility segment consists of KCP&L, a regulated utility, GMO?s regulated utility operations which include its Missouri Public Service and St. Joseph Light & Power divisions. Electric utility serves over 820,000 customers located in western Missouri and eastern Kansas.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2008 8:25 AM Hold
as of 12/24/2008
1 Week down  -3.06 %
1 Month up  5.88 %
3 Months down  -24.56 %
1 YTD down  -42.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2008 8:25 AM Buy

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