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Enter Symbol:
Centerpoint Energy, Inc (holding Co) (CNP) [hlAlert]

up 18.07 %

Centerpoint Energy, Inc (holding Co) (CNP) rated Outperform with price target $18 by Oppenheimer

Posted on: Friday,  Dec 10, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Centerpoint Energy, Inc (holding Co) (NYSE: CNP) on 12/10/2010, when the stock price was $15.88.
Since then, Centerpoint Energy, Inc (holding Co) has gained 18.07% as of 01/12/2016's recent price of $18.75.
If you would have followed this Oppenheimer's recommendation on CNP, you would have gained 18.07% of your investment in 1859 days.

CenterPoint Energy, Inc. is a public utility holding company. Its indirect wholly owned subsidiaries include CenterPoint Energy Houston Electric, LLC (CenterPoint Houston), which engages in the electric transmission and distribution business in a 5,000-square mile area of the Texas Gulf Coast that includes Houston, and CenterPoint Energy Resources Corp. (CERC Corp.), which owns and operates natural gas distribution systems in six states. Subsidiaries of CERC Corp. own interstate natural gas pipelines and gas gathering systems, and provide various ancillary services. A wholly owned subsidiary of CERC Corp. offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and electric and gas utilities. The Company?s operating segments include Electric Transmission & Distribution, Natural Gas Distribution, Competitive Natural Gas Sales and Services, Interstate Pipelines, Field Services and Other Operations.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2010 8:25 AM Buy
15.88 18.00
as of 12/31/2010
1 Week   
1 Month up  0.12 %
3 Months   
1 YTD up  0.12 %

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