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Enter Symbol:
Calpine Corporation (CPN) [hlAlert]

down 3.92 %

Calpine Corporation (CPN) upgraded to Buy with price target $20 by Dahlman Rose

Posted on: Tuesday,  May 10, 2011  8:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Calpine Corporation (NYSE: CPN) on 05/10/2011, when the stock price was $16.54. Since
then, Calpine Corporation has lost 3.93% as of 11/02/2015's recent price of $15.89.
If you would have followed this Dahlman Rose's recommendation on CPN, you would have lost 3.92% of your investment in 1637 days.

Calpine Corporation (Calpine) is an independent wholesale power generation company engaged in the ownership and operation of natural gas-fired and geothermal power plants in North America. The Company sells wholesale power, steam, capacity, renewable energy credits and ancillary services to its customers, including industrial companies, retail power providers, utilities, municipalities, independent electric system operators, marketers and others. The Company?s portfolio comprises two types of power generation technologies: natural gas-fired combustion turbines (primarily combined-cycle) and renewable geothermal conventional steam turbines. On January 31, 2008, Calpine emerged from Chapter 11 bankruptcy protection. On February 14, 2008, Calpine completed the sale of all of the assets comprising the Hillabee development project, a partially completed 774 megawatt combined cycle power plant located in Alexander City, Alabama, to CER Generation, LLC.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/10/2011 8:25 AM Buy
16.54 20.00
as of 12/30/2011
1 Week up  0.61 %
1 Month up  8.57 %
3 Months up  15.98 %
1 YTD down  -1.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/25/2009 10:25 AM Hold
1/11/2008 9:25 AM Buy
16.50 26.00

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