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Enter Symbol:
 
Vectren Corporation (VVC) [hlAlert]

Rating:
Neutral VVC

Vectren Corporation (VVC) rated Neutral with price target $26 by Robert W. Baird

Posted on: Monday,  Aug 3, 2009  8:25 AM ET by Robert W. Baird

Vectren Corporation (NYSE: VVC) rated
Neutral with price target $26 by Robert W. Baird.

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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2009 8:25 AM Hold
None
23.29 26.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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