Portland General Electric's Data Centers, Industry Growth Fuel Stock Upgrade

Loading...Loading...KeyBanc Capital Markets analysts upgraded Portland General Electric Company POR to Overweight from Sector Weight, with a $52 price target.The analysts write that the company is seeing strong power demand growth due to high-tech and semiconductor industries.The region is also appealing for data centers, especially those needing low latency, thanks to cross-Pacific subsea cables, adds the analysts.  The analysts say that with industrial customers, who make up about 30% of the total load an ...