Analyst Rating Update on Dynegy (DYN)

Dynegy (DYN) : Zacks Investment Research ranks Dynegy (DYN) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.64, which indicates as a Buy.

Dynegy (DYN) : 6 investment research analysts covering Dynegy (DYN) have an average price target of $24.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $34 and the lowest target is $20 for the short term. Analysts expect the variance to be within $4.97 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Citigroup upgrades its rating on Dynegy (NYSE:DYN).The analysts at the brokerage house have a current rating of Buy on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. In a recent information released to the investors, Citigroup lowers the new price target from $21 per share to $19 per share. The rating by the firm was issued on June 29, 2016.


Dynegy (NYSE:DYN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.71 and $14.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.26, notching a gain of 4.09% for the day. The total traded volume was 3,954,149 . The stock had closed at $14.66 on the previous day.

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