OGE Energy price target raised to $44 from $42 at Guggenheim

Guggenheim analyst Shahriar Pourreza raised the firm’s price target on OGE Energy (OGE) to $44 from $42 and keeps a Neutral rating on the shares after the company reported a Q4 EPS beat and management rebased the long-term 5%-7% EPS growth guidance through 2029 from a 7% midpoint increase.