UPDATE: BMO Capital Markets Raises PT on Calpine Following Investor Conference
April 11, 2013 at 11:17 AM EDT
In a report published Thursday, BMO Capital Markets analyst Michael S. Worms reiterated an Outperform rating on Calpine Corporation (NYSE: CPN ), and raised the price target from $23.00 to $25.00. In the report, Worms noted, “At yesterday's investor conference, management updated the company's outlook and provided color on power