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Great Plains Energy Inc (GXP) [hlAlert]

Rating:
Hold GXP
up 24.05 %

Great Plains Energy Inc (GXP) downgraded to Hold by KeyBanc Capital Mkts

Posted on: Tuesday,  May 4, 2010  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold Great Plains Energy Inc (NYSE: GXP) on 05/04/2010. Previously KeyBanc Capital Mkts rated Buy Great Plains Energy Inc (NYSE:
GXP) on 02/11/2009., when the stock price was $15.55. Since then, Great Plains Energy Inc has gained 24.05% as of 05/04/2010's recent price of $19.29.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on GXP, you would have gained 24.05% of your investment in 447 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.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/4/2010 8:25 AM Hold
None
19.29
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD down  -0.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2009 8:25 AM Buy
None
15.55 20.00
10/3/2008 8:25 AM Buy
None
22.26 26.50

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