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Benzinga
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Top Wall Street Forecasters Revamp Portland General Electric Price Expectations Ahead Of Q4 Earnings

1. Portland General Electric's Q4 earnings projected at 35 cents per share. 2. Expected revenue drops to $663.32 million, lower than last year's $725 million. 3. Quarterly dividend declared at 50 cents per share. 4. Analysts have lowered price targets, indicating bearish sentiment. 5. Stock recently closed at $42.12, up 0.7%.

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FAQ

Why Neutral?

Analyst downgrades reflect cautious outlook, but not severe enough to be bearish.

How important is it?

While the article discusses earnings and analysts, its relevance to GE is limited.

Why Short Term?

Earnings report and analyst ratings impact immediate sentiment, but long-term outlook remains stable.

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